Lost in the jeers following Honda's move to cancel the NSX – a car it could probably sell based solely on its ridiculously wonderful exhaust note – is news that the Big H is planning an A-segment car for markets outside of Japan. Now that the microcar segment is what's cooking, and the smart fortwo isn't doing so bad on its American voyage, cars like the Toyota iQ, Volkswagen up!, and Hyundai i10 are getting lots of attention.

To keep the cost down, Honda is expected to stick to traditional materials and probably focus on packaging. The powerplant is rumored to be a 1.4- or 1.5-liter turbodiesel with anywhere from 60 hp to 100 hp. But before you get excited, this car isn't automatically destined for America. Of course, none of this would-be Honda's competitors are headed this way yet either, and until the microcar trend is firmly established in the US – either by smart or another vehicle – we wouldn't advise holding your breath.

[Source: Paul Tan]