The Smart Cars report gas mileage that is a little better than the gas mileage for the average hybrid. The more miles per gallon Most hybrids have a gas mileage of about 47 mpg city and 48 mpg highway. Smart reports that the mileages for their cars are 46 mpg gallon city, and 68 mpg highway. However, experts have recently been criticizing the system established by the EPA for the measurement of gas mileage, so it is possible that these numbers are lower in reality.
Also, according to CO2 emissions tests for the Smart Car, it emits about 88 grams/kilometer, which according to the company is the lowest number on the market (http://green.autoblog.com/2007/02/28/2008-smart-fortwo-beats-co2-emissions-and-fuel-consumption-targe/).
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