  In the so-called "microscopic" models of vehicular traffic, attention is paid
explicitly to each individual vehicle each of which is represented by a
"particle"; the nature of the "interactions" among these particles is
determined by the way the vehicles influence each others' movement. Therefore,
vehicular traffic, modeled as a system of interacting "particles" driven far
from equilibrium, offers the possibility to study various fundamental aspects
of truly nonequilibrium systems which are of current interest in statistical
physics. Analytical as well as numerical techniques of statistical physics are
being used to study these models to understand rich variety of physical
phenomena exhibited by vehicular traffic. Some of these phenomena, observed in
vehicular traffic under different circumstances, include transitions from one
dynamical phase to another, criticality and self-organized criticality,
metastability and hysteresis, phase-segregation, etc. In this critical review,
written from the perspective of statistical physics, we explain the guiding
principles behind all the main theoretical approaches. But we present detailed
discussions on the results obtained mainly from the so-called
"particle-hopping" models, particularly emphasizing those which have been
formulated in recent years using the language of cellular automata.
