Answer by taking a quote from the following article:

Ralph Bakshi (born October 29, 1938) is an American director of animated and live-action films. In the 1970s, he established an alternative to mainstream animation through independent and adult-oriented productions. Between 1972 and 2015, he directed ten theatrically released feature films, six of which he wrote. He has been involved in numerous television projects as director, writer, producer and animator.

After production concluded on Harlem Nights, Bakshi wanted to distinguish himself artistically by producing a film in which live action and animated characters would interact. Bakshi said, "The illusion I attempted to create was that of a completely live-action film. Making it work almost drove us crazy." Hey Good Lookin' is set in Brooklyn during the 1950s; its lead characters are Vinnie, the leader of a gang named "The Stompers", his friend Crazy Shapiro and their girlfriends, Roz and Eva. Vinnie and Crazy Shapiro were based on Bakshi's high school friends Norman Darrer and Allen Schechterman. Warner Bros. optioned the screenplay and greenlit the film in 1973.  An initial version of Hey Good Lookin' was completed in 1975. A three-minute promo of this version was screened at the 1975 Cannes Film Festival, and the film was scheduled for a Christmas 1975 release, but was moved to the summers of 1976 and later 1977, before ultimately being postponed indefinitely. Warner Bros. was concerned about any controversy the film would encounter as a result of the backlash over the film Coonskin, and felt that the film was "unreleasable" because of its mix of live action and animation, and it would not spend further money on the project. Bakshi financed the film's completion himself from the director's fees for other projects such as Wizards, The Lord of the Rings and American Pop. The live-action sequences of Hey Good Lookin' were gradually replaced by animation; among the eliminated live-action sequences was one featuring the glam punk band New York Dolls. Singer Dan Hicks worked on the initial musical score, but the final version was scored by John Madara.  Hey Good Lookin' opened in New York City on October 1, 1982, and was released in Los Angeles in January 1983. The film's release was limited, and went largely unnoticed in the United States, although it garnered respectable business in foreign markets. In a brief review, Vincent Canby wrote that it was "not exactly incoherent, but whatever it originally had on its mind seems to have slipped away". Animation historian Jerry Beck wrote, "the beginning of the film is quite promising, with a garbage can discussing life on the streets with some garbage. This is an example of what Bakshi did best--using the medium of animation to comment on society. Unfortunately, he doesn't do it enough in this film. There is a wildly imaginative fantasy sequence during the climax, when the character named Crazy starts hallucinating during a rooftop shooting spree. This scene almost justifies the whole film. But otherwise, this is a rehash of ideas better explored in Coonskin, Heavy Traffic, and Fritz the Cat." The film has since gained a cult following through cable television and home video. Quentin Tarantino stated that he preferred Hey Good Lookin' to Martin Scorsese's Mean Streets.

Did it play in theatres that year