Kia Rio Dropped for 2024, Another Sub-$20,000 Car Bites the Dust


Share post:

  • Kia is discontinuing the Rio in the U.S. after the 2023 model year, as reported by Automotive News.
  • The Rio subcompact was offered as a sedan and a hatchback, with both starting under $20,000.
  • It’s possible that the new Kia K3 will serve as a replacement for the Rio, but it will surely be more expensive.

The Kia Rio is the latest victim in the string of affordable small-car discontinuations in the U.S. The subcompact sedan and hatchback won’t return for the 2024 model year, a Kia representative confirmed to C/D.

The Rio was one of just three remaining sub-$20,000 new cars available in the U.S. for the 2023 model year. With the impending cancellation of the Mitsubishi Mirage, this will leave only the Nissan Versa as a member of this club going forward, although Nissan has not yet announced 2024 Versa information.

Through July of this year, Kia has sold 16,554 units of the Rio, a 2 percent decline compared with last year. But the Rio has never been among Kia’s bestselling models, and its low prices likely mean slim profit margins. The compact Forte sedan will now be the cheapest model in the Kia lineup. It started at $20,815 for the 2023 model year; 2024 pricing hasn’t yet been announced.

Kia also recently revealed a new small sedan called the K3. We expect it to serve as a replacement for both the Rio and the Forte going forward, but it’s not likely to carry a sub-$20,000 starting price. Look for more information on this new model to come later this year, as it could arrive in the U.S. for the 2025 model year.

This content is imported from poll. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

Senior Editor

Despite being raised on a steady diet of base-model Hondas and Toyotas—or perhaps because of it—Joey Capparella nonetheless cultivated an obsession for the automotive industry throughout his childhood in Nashville, Tennessee. He found a way to write about cars for the school newspaper during his college years at Rice University, which eventually led him to move to Ann Arbor, Michigan, for his first professional auto-writing gig at Automobile Magazine. He has been part of the Car and Driver team since 2016 and now lives in New York City.  

Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

The Safest SUVs for 2023 and 2024

Honda's subcompact HR-V may lack much in the way of driving enthusiasm, but it is mighty safe....

VW Turns Up the Wick on ID.7 EV with 551-HP Performance Concept

This new concept car from Volkswagen shows what a sportier version of the ID.7 electric sedan could...

2024 Mercedes-Benz Sprinter

Overview Mercedes-Benz continues to trim back the Sprinter’s available build combinations, but the 29-year-old full-size van continues...

1985 Fiat Panda 4×4, Europe's Baby Off-Roader, up for Auction on Bring a Trailer

The boxily pragmatic little Fiat Panda arguably reflects the true modern Italy more than a Fiat 500...

Jann Mardenborough on Finding Secret Racing Lines in 'Gran Turismo'

Warning: Spoilers ahead for the Gran Turismo movie.We expect a certain loose application of facts in moviemaking....

1972 Buick Riviera on Bring a Trailer Is One Bodacious Boattail

Far more charismatic than anything in Buick's current all-SUV lineup, this swaggering coupe hails from an age...

Best New Car Lease Deals for September 2023: Plug-In Hybrids

Picture Rodney Dangerfield in a plug-in hybrid (had the comic lived long enough to buy one), because...

1997 AM General Hummer: Full Metal Racket

From the June 1997 issue of Car and Driver.Don't look now, but the wood-and-leather-lined halls of luxury...