The Wraith (1987)

Synopsis
This supernatural teen action film is about a strange reincarnation with the emphasis on "car." Young Jamie is killed by the evil Packard (Nick Cassavetes) and his gang of thugs because Jamie was caught romancing Keri (Sherilyn Fenn), Packard's girlfriend. Suddenly "the Wraith" -- a black turbo racing car shows up to challenge Packard (sounds like a Detroit auto duel) whose livelihood comes from stealing cars. What happens next is an endless series of car chases as Packard's gang of punks start to bite the dust, one by one. Then Jake (Charlie Sheen) comes into town on a motorcycle and makes a play for Keri, giving rise to old animosities one more time. ~ Eleanor Mannikka, All Movie Guide