Although strict liability laws are in place in most of Western Europe, and I believe a form of it is in Japan, I don't think I've seen any results published on how well, poorly, or indifferently it's performed.

I think I remember a piece written that has said the law has resulted in fewer collisions and that there hasn't been a rash of claims against drivers unfairly filed, but I'm not sure.

It'd be a hard sell in auto-dominated countries, but that doesn't mean it isn't a good idea, or that it doesn't work.