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Posts Tagged ‘navigation’

Sirius Becomes Biggest Telematics Provider with Agero Acquisition

Satellite radio provider spends $530 Million to Expand Presence.

by on Aug.16, 2013

SiriusXM is making a move to expand its presence in the telematics industry.

Telematics and connected vehicle solutions are key elements in the future of the auto industry. Sirius XM Radio plans to spend $530 million on an acquisition that will expand its ability to provide those services

Sirius XM Radio, which is now available on millions of vehicles, entered into a definitive agreement to acquire the connected vehicle services business of Agero Inc.

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“The acquisition of Agero’s connected vehicle business is a natural fit for Sirius XM. As the world’s leading provider of in-vehicle subscription services, SiriusXM is uniquely positioned to offer world-class end-to-end telematics services,” said Jim Meyer, chief executive officer, SiriusXM. (more…)

In-Vehicle Navigation Sales Will Quadruple by 2019

And Google, Microsoft and Apple hope to be leading the charge.

by on Jul.11, 2012

Chevrolet's GogoLink is a new smartphone app-based navigation system.

The number of cars, trucks and crossovers sold with in-vehicles navigation systems will quadruple in North America by 2019, according to a new study, growing to nearly 13 million new systems annually.

But that may not be as good news as it might seem for traditional navi system suppliers, such as Denso, Harman or TomTom, cautions Boston-based Strategy Analytics, Inc. It warns that high-tech firms, such as Apple, Google and Microsoft, are “beginning to battle for share” as they grow their own automotive business.

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The good news is that future navigation systems, whoever supplies them, will likely be less expensive and offer significantly more features.  Price, even more than functionality, has been a barrier to entry for many consumers – or led them to go with aftermarket devices that can be purchased at a Costco for $100.  And now, potential buyers have the opportunity to go with smartphone navigation apps.