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Ford has the Ford Fiesta, a smaller version of the Focus (at least, form what I can see of the latest iteration in Argentina, where I'm right now) which is really neat and they have the even smaller Ford Ka which is a really small commuter car, but is really neat. GM has pretty much everywhere the Chevrolet/Opel Corsa, a neat small car too, and it's readily available since they make it in Brazil :S.
If other european makers got in the US market you'll see a lot of awesome wars (Like the Peugeot 206/207 and even the smaller 106, several small Fiats, Renault Clios, and several other small cars that are really beautiful).
There are a lot of small, fuel efficient cars aroudn but makers jsut don't catter them to the American market. Actually there an European Yaris with 75hp, 1.3 Diesel yaris (or something along those lines) that whoops the American Yaris in the MPG department...
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