Since it has a white lens and a red lens that says front and rear warning. Small says bicycle or trailer. The clear celluloid lens may be illumination for a license or speedo.
Yep, Looks like its missing the wire to plug into the cigarette lighter. Also looks to be missing the magnet base so that you can put it anywhere on your car at any given moment. ( or are the dark grey strips in the base the magnets ) ?
Had one similar, years ago. it mounted on a stand and plugged into the lighter and was used to light up the wheel when changing a tire and also provided a warning light for traffic
"Had one similar, years ago. it mounted on a stand and plugged into the lighter and was used to light up the wheel when changing a tire and also provided a warning light for traffic." I think that says it. We could all use one of those little goodies!