What is looney tunes red character?

The "Looney Tunes red character" is most likely referring to the character named Bugs Bunny. Bugs Bunny is a popular animated character that was first introduced in 1940 by Warner Bros. He is known for his red fur, large front teeth, and Brooklyn accent. Bugs Bunny is a mischievous and clever bunny who often gets himself into trouble, but always manages to find his way out with his wit and charm. Bugs Bunny has become a cultural icon over the years, and is still a beloved character to this day.