These cars were everywhere in Europe. They come to the states in 2008 and will cost around 12k. Man if i didn't live in NYC I'd be all about getting one :P
From Wikipedia:
The Smart "Micro compact car" was designed primarily for urban use in European cities, where parking is scarce and fuel economy is of great importance. The Smart Fortwo's length of only 250 cm allows as many as three of the vehicles to be parked in the space normally taken by one standard-length car.