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Hot on the heels of the debut of the Veloster at the North American International Auto Show in Detroit, Hyundai has unwrapped the all-new 2012 Accent at the Montreal Auto Show. This comes as a surprise as Hyundai Motor America had said the car wouldn’t break cover until the New York Auto Show in April. A vehicle that made its name in the industry as being a low cost option for those on a budget, Hyundai aims to keep that price structure while out-doing the competition in every other aspect. Keeping the same styling seen on the Sonata and the new Elantra, the 2012 Accent is powered by a direct-injection 138-hp 1.6-liter 4-cylinder that makes 123 ft-lbs of torque and according to the Canadian press release gets 4.7 L/100 km highway and 6.4 L/100 km regardless of whether you choose the 6-speed automatic or manual. That works out to an incredible 50-mpg highway and 37-mpg city. (Those numbers are, however, imperial and in the U.S. you’re looking at closer to 41-mpg and 30.5 mpg). Having grown in size, the new Accent is now 70mm (2.7-inches) longer between the wheels and 5mm wider. This not only makes for added interior space, but the Accent also delivers a sizable amount of cargo volume with 14 cu-ft of trunk space with the sedan and 17.2 cu-ft with the hatch. Despite all this, weight was kept to a minimum, with the new Accent sedan weighing just 2,392 lbs, while the hatchback model is slightly heavier at 2,429 lbs.