Following its unveil in Detroit, Nissan celebrated last week the Canadian launch of the Versa Note at the Canadian International Auto Show held in Toronto.

The second-generation of Versa hatchback will go on sale at Nissan’s U.S. dealerships in June 2013.

Each new Versa Note will come equipped with an advanced 1.6-liter DOHC 4-cylinder engine with dual fuel injection and Twin CVTC (Continuously Variable Timing Control).

The HR16DE engine is rated at 109 horsepower at 6,000 rpm and 107 pound-feet of torque at 4,400 rpm.

2014 Nissan Versa Note

The Versa Note S features a 5-speed manual transmission, while the S Plus and SV models are equipped with a standard next-generation Nissan Xtronic CVT transmission.

Fuel economy for the front-wheel drive Versa Note is forecast by Nissan to deliver 40 mpg highway, 31 mpg city and 35 mpg combined for CVT-equipped models.

“As the entry segment is expanding with new models and nameplates, it’s not enough to offer value alone,” said Al Castignetti, vice president and general manager, Nissan Division, Nissan North America, Inc. “The new Nissan Versa Note shakes up the category by satisfying both the emotional and rational needs with features that are truly unexpected in the class – such as sleek styling and advanced innovation features like our Around View Monitor parking assist system at an affordable price.”

2014 Nissan Versa Note

According to Nissan,the Versa Note achieves a coefficient of drag of 0.298 for CVT-equipped models. Attention to aerodynamic detail can be seen on CVT-equipped Versa Note models with Nissan’s first-ever active grille shutter, which reduces drag by controlling airflow into the engine compartment.

Nissan said the Versa Note rides on standard 15-inch steel wheels with full wheel covers and 185/65HR15 all-season tires, while 16-inch aluminum-alloy wheels with 195/55HR16 all-season tires are available. Low rolling resistance tires are standard on CVT-equipped models.

The Versa Note will be offered S, S Plus and SV grade levels – along with a Convenience package, SL Package and SL Tech Package. The new Versa Note will start with a Manufacturer’s Suggested Retail Price (MSRP) of $13,990 USD when it goes on sale in June 2013.

Full pricing details will be announced close to the on-sale date.

Eight exterior colors will be offered: Peacock Green, MorningSky Blue, Metallic Blue, Red Brick, Brilliant Silver, Magnetic Gray, Super Black and Aspen White.

The Versa Note will be assembled by Nissan Mexicana SA de CV in Aguascalientes, Mexico.