The Smartcar weighs 1600 pounds, has a 1.0 liter engine putting out 75 hp, with a top speed of 90 mpg, and gets 45-50 mpg. I test drove one at their Road Show in West Hartford CT yesterday, it drives like any other car. The base price is $12,000.
A tiny car is certainly more vulnerable in an accident, however they also, by dint of their tiny size, are harder to hit and way more maneuverable. I’m guessing a thriving aftermarket for the Smartcar will appear, tricking them out and pumping up the horsepower.