The car will use an upgraded version of the Gamma 1.6L direct-injection 4-cylinder producing 208 horsepower, putting it in direct competition with the Volkswagen GTI, MINI Cooper S and other boosted hot hatches. Hyundai is also reportedly aiming to get close to the base Veloster’s 40 mpg rating.
UPDATE: Hyundai has confirmed that this rumor is just speculation and that a Veloster Turbo will not debut in New York. As previously reported, Hyundai will instead unveil the new 2012 Accent.
Get more Hyundai Veloster news and info at Veloster.org