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HomeLifestyleRecipesKia admits the Tasman ute is falling short of “ambitious” sales forecasts

Kia admits the Tasman ute is falling short of “ambitious” sales forecasts

Go to Australia says there’s still a lot of work to do on his new one Tasman ute, but admitted that its more fleet-oriented variants are not selling as well as originally forecast.

Speaking to media to mark the launch of the new K4 Hatch and updated Stonic light SUV, Kia Australia Chief Operating Officer Dennis Piccoli noted that an evolving market and low fleet sales could mean the Korean brand’s previous annual sales forecast of 20,000 units could “take more than 12 months”.

“We can see where we’re missing out. (We) see how our X-Series cars (X-Line,

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“That’s partly because the fleet content at Tasman isn’t where it needs to be, but that’s coming together. I think you’ll see there will be a hockey stick at Tasman by 2026 (in terms of sales performance) without a doubt.”

“In Tasman our targets have always been quite ambitious. The reality is the (dual cab) segment has become much more fragmented,” Mr Piccoli continued.

“Whether it’s powertrains – whether hybrid or diesel – the number of brands that are there, the brands that rely so heavily on their (utes) product, and just the general level of aggressiveness in the market… it’s extremely competitive.”

“We’re working on where we want to be overall in 2026. We’re not a one-car company, we’re not a Tasman car company, we don’t want to be a Carnival car company. We want a good breakdown of cars… so we have to find the right mix that makes economic sense for us.”