Japanese firm Modern Toys, also known as Masudaya, made a remote controlled Radicon Robot, Radicon Bus and Radicon Speedboat in the 1950s.

Highly collectible toys.

Radicon bus (is said to be the world's first radio remote control toy):

Radicon forum

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Comments (2)
Jerry - July 28, 2013
The Radicon Bus was imported from Japan by the George Borgfeldt Corp., NYC, for whom I worked in sales (1956-1961). I have a mint condition Radicon Bus (never been used) in the original box which is only in fair condition.
Thanks for the info Jerry!
Karen - March 6, 2013
I have this radicom bus. Still in box everything works. Mint condition want to sell
I think the best place to sell and to get the most out of it is on eBay.