This was a little girls Science Fair entry. It was years ago and I didn't get her name or any other details, but I have never forgotten the idea.
Just a regular car with a large spring steel "bumper" that loops out in front of the car and is connected to hinges (vertical axis) at the left and right. The average angle of the hinges controls the steering of the car. The difference between the angles controls the speed (acceleration or deceleration) so that when the spring loop is squeezed on the left and right, the car accelerates and when it is compressed at the front, it decelerates. Coupling the main spring to the controls with weaker or stronger spring segments allows for more or less control by the driver over the system.
Small roller blade type wheels on the sides of the loop keep it from wearing as it follows a "curb" and could serve as electrical contact points for an electrified road. Existing roadways would need additional "curbs" in between lanes. This is much less costly than any other system I have seen, and could be done over time in different areas. There would still be a cost, and on street parking would be a problem.
Speed is proportional to the inverse of the distance between the curbs. Maximum speed is maintained when the car is held to the narrowest path. The car coasts when there is no contact left or right.
A similar spring in the back adds to the safety in case of collision. To prevent high speed collisions, additional forward looking sensors would reduce speed unless a clear path is seen ahead. Possibilities include laser range finders, radar, or image recognition systems. But I personally like the idea of a long pole that is pushed out the front of the car as speed increases and retracted as the car slows. It would act to dampen possible steering oscillations at high speed as well as providing a very reliable indication of obstacles.
At a minimum, the front of the spring loop must be slightly pointed, like the prow of a boat, so that when two different paths are possible, it will tend to select one or the other rather than just stopping at the dividing point. Turnoffs consist of an area wide enough to cause cars to coast followed by a division in the road. By default, cars will continue straight. A bias in steering (from the user or an actuator) can cause the car to turn and select a different path.
Stop signs can be replaced with a set of poles that can be pushed over but will lock upright if any other pole is down. Stop lights would add a timed mechanical lock that would keep one path open for a time, then switch to the other.
Since the speed of the car is controlled by the construction of the road, speed limits would be built in and enforcement would be reduced to periodic vehicle inspection and calibration.
The system is much less complex and less costly than air bags, more effective than "crumple zones" and reduces the possibility of "pilot error" as a cause of accidents.