I wish that were used. But instead we get this inverse, L/100 km.
Edit: after reading the article, apparently this is actually better. Even though km/L might seem easier to work with, it is misleading in terms of how you compare two vehicles.
Just drop the M - GPH/gallons per hundred is just as short and easy to say as MPG.
In Australia we say "litres per hundred", there's no point specifying kilometres because what else would it be?
OPM (Ounces per mile) seems to work out to nice numbers. A gas guzzler might use 13 OPM, where as a decently efficient sedan would be around 3. Plus we can keep our ridiculous American units, just the way we like them.