Kia Australia says it has some work to do with its new Tasman ute, conceding that its more fleet-focused variants aren’t selling as strongly as initially forecast.

Speaking with media at 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 might mean the Korean brand’s previous annual sales forecast of 20,000 units “may take more than 12 months” to achieve.

“We can see where we’re missing out. [We] see how our X-series [X-Line, X-Pro] cars are going, and the price points they sit at, they’re going relatively well. We see a gap in the [entry-level] S range, we’re not getting our fair share there, where the other brands seem to be playing pretty well and getting a lot of volume,” Mr Piccoli said during a Q&A.

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“That partially is due to the fleet content with Tasman is not where it needs to be, but that is coming together. I think you’ll see with Tasman is there will be a hockey stick [in sales performance] through 2026, without a shadow of a doubt.

“On Tasman, our goals were always quite ambitious. The reality is, that [dual-cab ute] segment has become far more fragmented,” Mr Piccoli continued.

“Whether it’s powertrains – whether it’s hybrid or diesel – the number of brands that are in [there], the brands that are in there that are so heavily reliant on their [ute] product, and just the general level of aggressiveness in market… it’s extremely competitive.

“We are working through where we want to be in 2026 in totality. We are not a one-car company, we are not a Tasman car company, nor do we want to be a Carnival car company. We want a good split of cars… so we need to find that right mix that makes good business sense for us.”