Yes, in a strange sort of way. I remember this one freaking me out as a kid. I wondered why that car looked so odd, more like some sort of bulbous tank with a nose thrusting out in front.
I know now that this is one of those elegant cars of the mid-'40s. For some reason Popeye has to put air in the tires, and of course goes too far with it. Ohhhh, that swelling and swelling, the red bulges growing bigger and bigger and popping out with more red bulges that become transparent before the whole thing explodes!
I notice Popeye sounds different in this one, though Olive Oyl is likely voiced by Mae Questel as usual. The real Popeye may have been in the service or suffering from war wounds or shell shock. Things were different in wartime. This is dated 1946, but who knows when it was made. At least it doesn't have a cartoon Hitler in it (though that tire explosion is pretty scary in itself - not for the faint of heart).