This is "Love & Theft" by the German director Andreas Hykade. It takes a while to get going, but by minute 2 it's pretty cool and by minute 4, it's totally bonkers.
[youtube]http://www.youtube.com/watch?v=ikcd3USx4VY
If you never got around to watching cartoons on acid in college, now maybe you don't have to.
Via Boing Boing