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

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  • Kia is discontinuing the Rio within the U.S. after the 2023 mannequin 12 months, as reported by Automotive News.
  • The Rio subcompact was provided as a sedan and a hatchback, with each beginning below $20,000.
  • It is potential that the brand new Kia K3 will function a substitute for the Rio, however it can certainly be dearer.

The Kia Rio is the newest sufferer within the string of inexpensive small-car discontinuations within the U.S. The subcompact sedan and hatchback will not return for the 2024 mannequin 12 months, a Kia consultant confirmed to C/D.

The Rio was considered one of simply three remaining sub-$20,000 new cars available within the U.S. for the 2023 mannequin 12 months. With the impending cancellation of the Mitsubishi Mirage, it will depart solely the Nissan Versa as a member of this membership going ahead, though Nissan has not but introduced 2024 Versa data.

By means of July of this 12 months, Kia has bought 16,554 models of the Rio, a 2 p.c decline in contrast with final 12 months. However the Rio has by no means been amongst Kia’s bestselling fashions, and its low costs doubtless imply slim revenue margins. The compact Forte sedan will now be the most affordable mannequin within the Kia lineup. It began at $20,815 for the 2023 mannequin 12 months; 2024 pricing hasn’t but been introduced.

Kia additionally just lately revealed a new small sedan called the K3. We count on it to function a substitute for each the Rio and the Forte going ahead, but it surely’s not prone to carry a sub-$20,000 beginning worth. Search for extra data on this new mannequin to return later this 12 months, because it may arrive within the U.S. for the 2025 mannequin 12 months.

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Senior Editor

Regardless of being raised on a gradual weight loss program of base-model Hondas and Toyotas—or maybe due to it—Joey Capparella nonetheless cultivated an obsession for the automotive trade all through his childhood in Nashville, Tennessee. He discovered a technique to write about automobiles for the college newspaper throughout his faculty years at Rice College, which finally led him to maneuver to Ann Arbor, Michigan, for his first skilled auto-writing gig at Vehicle Journal. He has been a part of the Automobile and Driver crew since 2016 and now lives in New York Metropolis.  

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