A vehicular towing apparatus incorporates an air bag in association with shock absorbers and a tow bar. The air bag may be selectively inflated and deflated, allowing the tow bar to be raised and lowered at will. In addition, the tow bar may be extended or retracted as desired. Several platform attachments enable the towing apparatus to be used alternatively as an automobile tow bar, a support for motorcycles or bicycles, or other items that may be supported upon a platform. The towing apparatus retracts under the vehicle, and may also serve as a vehicle step or standard trailer ball attachment point.