Green’s Dictionary of Slang

(US) to reverse, esp. of a vehicle.

1993		J. Mowry Six Out Seven (1994) 108: Two small dudes coming up the sidewalk on a battered olke bike had made a one-eighty and rode away.
1998		(con. 1986) G. Pelecanos Sweet Forever 9: Tutt spun the wheel, one-eightied the cruiser, and punched the gas coming out of the fishtail.