Don't quite understand why you think the Stinger should be priced more similarly to FWD family sedans - that's what the Optima is for.
Not in Australia. Kia list the Optima as a Medium sized car, and the Stinger as a large car.
Large Family Sedans currently for sale in Australia (new), up to $100k:
Holden Commodore/Calais - starts at $32k
Toyota Camry - starts at $32k
Mazda 6 - starts at $34k
Hyundai Sonata - starts at $35k
Subaru Liberty - starts at $35k
Infiniti Q50 - starts at $37k
VW Passat - starts at $40k
Honda Accord - starts at $50k
Kia Stinger - starts at $51k
Alfa Romeo Guilia - starts at $55k
Peugeot 508 - starts at $58k
Chrysler 300 - starts at $61k
Audi A4 - starts at $65k
Mercedes Benz C-Class - starts at $70k
Tesla Model 3 - starts at $72k
BMW 3-series - starts at $73k
Volvo S60 - starts at $73k
Genesis G80 - starts at $78k
Genesis G70 - starts at $82k
Lexus GS - starts at $85k
Jaguar XF - starts at $93k
Every single car starting above the Stinger's starting point is considered a premium or luxury brand. Some of those below the Stinger are sold as premium brands as well - Infiniti (giggle-worthy as that is, that price has plummeted of late), VW.
Don't quite understand this either.
Kia doesn't have a competitor to the 86/BRZ and its competitor to the Golf is the Ceed.
The Stinger is marketed as a sporty RWD car (note I didn't say RWD sports car). Yet it costs a lot more than the affordable models - 86/BRZ, MX-5/Miata, etc. It costs a lot more than a WRX (a sporty reasonably sized vehicle that can absolutely run as a family sedan - the current WRX is as big as my 4Gen Liberty[Legacy] was).
A V6 Camry can be had for $43k and is as fast as a 2.0L Stinger 0-100km/h. The 2.0L turbo Commodore is less than a second slower, and starts at $32k - the cheapest V6 Commodore can be had for $43k and is just as fast as a 2.0L Stinger (and is AWD to boot).
The Stinger is basically the fastback equivalent of the
Genesis G70 - which is priced significantly higher than the Stinger, despite the Stinger being a larger and a fastback (both things adding costs - see A5 Sportback vs. A4 sedan pricing).
Being larger adds very little to the cost for the manufacturer actually, but adds a lot to price.
The
G70 is marketed as a luxury car, with a starting price in excess of $80k. It's not even close to being in the same market.
The Stinger is basically 2 segments higher than the Optima (Camry, Accord) - Stinger > Cadenza > Optima, so expecting it to be priced similarly to the Optima, Camry, etc. is unrealistic.
The fact that it outsells the Optima 3:! exemplifies the value that it offers in the Australian market.
Kia don't need to outsell the Optima. They need to outsell the competition, and to sell more units.
Holden sold 509 Commodores in August 2019, and have sold 4,220 YTD in 2019, and the Commodore is considered a sales disaster.
Mazda sold 201 Mazda 6s in August 2019, and have sold 1,945 YTD in 2019.
Subaru sold 179 Libertys in August 2019, and have sold 757 YTD in 2019.
Kia sold 172 Stingers in August 2019, and have sold 1,266 YTD in 2019.
And for something completely different, Toyota sold 1,290 Camrys in August 2019 (so more in a month than Kia have sold Stingers all year), and have sold 10,828 YTD in 2019.
There have been numerous complaints about pricing for the
G70 (some of it a bit overblown as it is priced right w/ the Lexus IS, despite offering more power, a nicer interior and more service amenities like maintenance); granted, w/ the set/no haggle pricing, don't expect Genesis to sell a lot of G70s, but the bigger issue presently is the lack of showrooms other than the one in Sydney.
I'm sure Genesis will have
sales towards the end of a MY, lowering the price of entry at certain times, but it's the correct move to price it in line w/ its most direct competition.
As I said, I don't consider the
G70 to be in the same market segment, despite sharing an underlying platform with the Stinger.
The lack of showrooms, and the stuffy and arrogant nature of the people staffing it will be a real issue for them. I've never been practically growled at by a salesman and security guard before at a dealership for daring to have my kids with me outside the store...
I'd argue that as the latest player in the market, they need to be offering a differentiator rather than just being the same as the others. The one thing Genesis doesn't have is a reputation in the market - as much as they cars may be as good as Lexus offerings, they don't have the runs on the board just yet.
Think the reason why the vast majority of sales in Australia has been for the TTV6 trims is b/c the premium to upgrade to the better motor isn't prohibitive and thus, worth it.
But w/ the 2.5T motor, future prospective buyers may be content w/ the power that it offers w/o feeling the need to upgrade.
That's exactly my point. There's no reason at present to select the cheaper models, so they're not selling. If they offered a product at a lower price point, they'd gain access to the lower end of the market, and would drive increased sales volume.
Kia could drop the Optima from the lineup entirely - they've only sold 313 of them YTD. I suspect most of those sales would easily convert to Stinger sales if the price point was closer, and the overheads to maintain sales support for one vehicle rather than two would more than outweigh what sales they might lose.
The 2.0T has enough power already - 185kW is plenty in the market it competes in - the 2.5L turbo in the Mazda 6 has 170kW, The 2.0L turbo Commodore has 195kW, the 2.5L Camry has only 133kW (the V6 has 224kW), the Liberty H6 has under 200kW. The 2.5L turbo won't add any reason for more people to buy the car - in this part of the market, price is a massive factor.