Much attention has been paid to Ford's decision to bring six Euro Fords over to the States, but the Blue Oval isn't the only automaker that has good looking, fuel efficient vehicles overseas. Honda has a variety of petrol-sipping vehicles in its Japanese home market, and is now studying whether those are worth selling here in the U.S. The Japan-to-U.S. formula has already worked well with the stylish, sporty and efficient Fit, sales of which are up 73% this year. While the Fit has been sold in the U.S. since 2006, it has also been available in almost identical trim in Japan since 2001.

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GM currently owns about 13% of the small car market. With demand for small vehicles increasing with the price of black gold, GM is out to increase that market share. Nevertheless, even if it doesn't increase its share, it plans to make more money off of each small car sold. How? By raising the price, naturally.