Kia K5 Discontinued in Canada – The Real Reason Revealed!
For years, the Kia K5 has been a standout in the midsize sedan market, offering a blend of style, performance, and affordability that made it a compelling choice for Canadian drivers. However, recent news has confirmed that Kia has discontinued the K5 in Canada, leaving many customers wondering: why? If you’re looking for answers, you’ve come to the right place.
In this deep dive, we’ll explore why the Kia K5 was discontinued in Canada, how it compares to competitors, and what options Kia 417 customers have moving forward.
Why Did Kia Discontinue the K5 in Canada?
1. Declining Sedan Sales in Canada
The North American automotive market has undergone a significant shift over the past decade, with SUVs and crossovers outselling sedans by a large margin. According to GoodCarBadCar.net, sedan sales in Canada have steadily declined, dropping from over 250,000 units sold in 2015 to below 150,000 in 2023 (source).
Even within Kia’s lineup, sedans have struggled against the brand’s more popular SUVs, such as the Kia Sportage and Kia Seltos. The company has naturally prioritized high-demand segments.
2. Limited Production Allocation to Canada
Kia is a global brand with high demand in multiple markets. The Kia K5 continues to be available in the U.S. but has been pulled from Canada due to limited production allocation. The shift in demand meant that more units were being directed to the U.S., where sedan sales remain stronger (source).
3. Rising Costs and Affordability Concerns
As manufacturing and logistics costs increase, automakers are forced to make tough decisions about which models to keep in specific markets. The Kia K5’s MSRP in Canada ranged from CAD $32,995 to CAD $43,295 (USD $24,995 to USD $32,995). Compared to its direct competitor, the Toyota Camry, which starts at CAD $30,990 (USD $23,945), Kia’s sedan was priced competitively but still faced challenges in an increasingly cost-sensitive market (source).
Explore Kia K4 Inventory at Kia 417!Kia K5 vs. Competitors: How Did It Fare?
Even though the Kia K5 was highly praised, it faced tough competition from other midsize sedans. Below is a comparison of the 2024 Kia K5, Toyota Camry, and Honda Accord in key performance metrics.
Comparison Table: Kia K5 vs. Toyota Camry vs. Honda Accord
| Feature | 2024 Kia K5 | 2024 Toyota Camry | 2024 Honda Accord |
|---|---|---|---|
| Engine Options | 1.6L Turbo I4, 2.5L Turbo I4 | 2.5L I4, 3.5L V6 | 1.5L Turbo I4, 2.0L Hybrid |
| Horsepower | 180-290 hp | 203-301 hp | 192-204 hp |
| Torque | 195-311 lb-ft | 184-267 lb-ft | 192-247 lb-ft |
| Fuel Economy (L/100 km) | 7.4 city / 5.8 highway | 8.1 city / 5.9 highway | 6.0 city / 5.3 highway |
| Price (CAD/USD) | $32,995 / $24,995 | $30,990 / $23,945 | $33,990 / $25,995 |
While the Kia K5 was an excellent competitor in terms of performance and features, the Camry’s strong hybrid option and Accord’s fuel efficiency likely contributed to Kia’s decision to pull the K5 from Canada.
Sales Trends: A Look at the Numbers
To visualize how the Kia K5 performed compared to competitors, here’s a chart showing sales figures in Canada over the last five years:
Sales data indicate a clear downward trend for the Kia K5 in Canada, while models like the Toyota Camry and Honda Accord have maintained steadier sales.
What Are Your Alternatives?
If you’re a Kia fan disappointed by the K5’s discontinuation, there are still great alternatives available at Kia 417. Consider the following options:
1. Kia K4 – A Compact Yet Capable Alternative
While slightly smaller than the K5, the 2025 Kia K4 offers great value with a powerful yet fuel-efficient engine and a starting price of CAD $22,695 (USD $16,495).
Explore Kia’s New Specials: View New Kia K4 Deals.
Explore Kia K4 Inventory at Kia 417!2. Kia EV6 – A Step into the Future
For those considering an upgrade to an electric vehicle, the Kia EV6 offers impressive range and cutting-edge technology. The EV6 starts at CAD $56,995 (USD $42,600) but can save you money on fuel in the long run.
Check out our latest inventory: New Kia Models for Sale.
Final Thoughts: Was the Kia K5 Discontinuation Justified?
The Kia K5’s departure from Canada marks the end of a solid, stylish midsize sedan that earned a loyal fanbase. While the decision was likely driven by declining sales, shifting market trends, and production priorities, it remains a disappointing move for Canadian Kia enthusiasts.
However, there are still excellent options available at Kia 417, whether you’re looking for a compact sedan, an SUV, or an electric alternative.
Want to explore your options? Contact us today: Contact Kia 417.
Explore Kia K4 Inventory at Kia 417!FAQs
1. Will the Kia K5 come back to Canada?
As of now, there are no confirmed plans for Kia to reintroduce the K5 in Canada. However, the model remains available in the U.S.
2. Can I still buy a used Kia K5 in Canada?
Yes, you may still find used Kia K5 models at Kia dealerships or through private sales.
3. Is the Kia K5 still sold in the U.S.?
Yes, the Kia K5 continues to be sold in the U.S. for the 2024 model year.
4. What is the best alternative to the Kia K5?
The Kia Forte is a smaller but more affordable alternative, while the Toyota Camry and Honda Accord remain strong choices in the midsize segment.
5. What is the price of the Kia K5 in Canada?
The last available Kia K5 models in Canada ranged from CAD $32,995 to CAD $43,295 before being discontinued.
For more details and availability of Kia K4, visit Kia 417 today!
Explore Kia K4 Inventory at Kia 417!
