Kia Rio is one of the cheapest cars of the Korean brand. The budget model will be taken out of production by the end of 2023. However, the successor of the model with a different name is already ready.

Automotive News reports about it. Orders for the affordable Rio model in Europe are no longer accepted, with stock selling off. The car will leave the US market by the end of 2023.

It is not yet known whether the name Rio will be extended as it has existed in the model lineup since 1999. However, the new Kia K3 will act as a successor in some markets.

The company decided to combine the two models (Rio and Cerato/Forte) and offer something in between to cover two segments at once. Thus, the compact sedan, which grew out of the Rio, became larger.

The Kia K3 is 4,545 mm long with a wheelbase of 2,670 mm, a width of 1,765 mm and a height of 1,475 mm. The design of the model is impetuous and bold. The car has the most modern trends, which have not been found in a segment of frankly affordable sedans before.

The model will be equipped with a base 1.6-liter gasoline engine and a more powerful 2-liter unit. Characteristics will be disclosed later. Perhaps, a hybrid modification as a top option with the richest equipment will appear in the line-up shortly.

OBOZREVATEL has already reported on the cheap Kia Soul crossover, which was presented in an updated form.