"Decades before the new class of Mini Cooper, Smart Car and Fiat were in vogue, the microcar was a cult object amongst a progressive group of drivers in Europe. This smaller-than-life vehicle was simple, economical and endlessly fun, a few points of interest which have come full circle today. The original microcars of the 1950s and 60s have become revered classics, and the cult following of these tiny vehicles continues. Recently, the largest collection of microcars in the world went under the gavel by RM Auctions, selling for princely amounts to eager collectors."
Check this link to read the whole post on the Coolist
Thanks for the tip Niels!