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TomTom NV


  • So far, Google has agreed to update its maps with crossing locations, the Federal Railroad Administration announced Monday. And this year began with major accidents at crossings near New York City, Los Angeles and in North Carolina. The railroad administration also has asked Apple, TomTom, MapQuest and Garmin to participate, agency spokesman Matthew Lehner...

  • FRANKFURT, May 21- Germany's premium carmakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to increase their firepower to acquire Nokia's mapping unit HERE, according to two people familiar with the matter. Finland's Nokia started a strategic review of its maps business last month, setting in motion an auction process that...

  • AMSTERDAM, May 4- Dutch navigation company TomTom aims to become a main provider of technology for self-driving cars as it charts its way back to success after seven lean years, chief executive Harold Goddijn said. Goddijn told Reuters that an overhaul of TomTom's digital mapping architecture lies behind a renaissance that has seen its automotive division...

  • April 29- GPS-based gadgets maker Garmin Ltd's quarterly revenue rose much less than expected as a strong dollar ate into its overseas income. Despite the currency headwinds, Garmin maintained its full-year forecast, just as its Dutch rival TomTom NV did last week. Garmin's net sales rose marginally to $585.4 million in the first quarter ended March 28, missing...

  • *IBM says one of its largest partnerships with auto sector. FRANKFURT, April 22- PSA Peugeot Citroen and IBM are working together to hook cars up to the Internet, going beyond mapping and infotainment to link vehicles up to shops, service networks and urban transport grids, the companies said on Wednesday. It could also link vehicles to retailers, an IBM executive...

  • NEW YORK/ HELSINKI, April 10- Nokia is considering selling its maps business known as HERE, a source familiar with the matter said on Friday, pushing up shares in the Finnish company as well as its network gear rival Alcatel-Lucent. Shares in Nokia closed 5.57 percent higher while those in France's Alcatel-Lucent closed 4.82 percent higher.

  • AMSTERDAM, March 3- TomTom, the navigation software and device maker, said on Tuesday it had extended a supply deal with Fiat Chrysler to Latin America and will begin supplying Hyundai Motor with data in Europe. The deals are the latest in a string of successes this year for TomTom, including deals with Volkswagen to supply maps in the United States and traffic data...

  • UPDATE 2-Garmin expects stronger dollar to slow growth Wednesday, 18 Feb 2015 | 9:48 AM ET

    Feb 18- Garmin Ltd, a maker of GPS-based gadgets, said a stronger dollar would slow revenue growth and forecast a profit below market estimates for the full year. Garmin gets a little less than half its revenue from outside the United States, primarily from Europe, Middle East and Africa. Garmin forecast revenue of about $2.9 billion and pro forma earnings of about...

  • Daimler's Mercedes-Benz has a different idea from Ford- and worlds apart from Internet company Google Inc, which has jolted the automotive establishment with its high-profile effort to develop a fully self-driving city car. Where Ford wants to make autonomous cars for "Everyman," and Google envisions cars as pod-like appliances, Daimler presented robotic...

  • Garmin profit beats on GPS fitness device demand Wednesday, 29 Oct 2014 | 11:09 AM ET

    Garmin, a maker of GPS-based devices, reported better-than-expected quarterly revenue and profit as demand surged for its fitness products.

  • TomTom earnings slip as users switch to smartphones Tuesday, 11 Feb 2014 | 2:33 AM ET
    New version of TomTom App brings TomTom navigation to even more smartphones (Photo: Business Wire)

    TomTom, Europe's largest maker of navigation devices, reported a fall in fourth-quarter earnings and warned revenue this year would be lower.

  • Google Maps app for Apple ios.

    Google's mobile navigation application Google Maps will now be available in Apple's app store, the Internet search giant said on its official blog.

  • Earnings schedule for week of 10/29/2012 Friday, 26 Oct 2012 | 3:15 PM ET

    Burger King Worldwide Inc. reports quarterly financial results. Baidu Inc., the Chinese Internet company, reports quarterly financial results. Avon Products Inc. reports quarterly financial results.

  • SAN FRANCISCO, Oct 10- Google Inc Executive Chairman Eric Schmidt expects more than a billion mobile devices around the world to be running its Android software within a year, intensifying a battle with Apple Inc. Google and Apple were once close partners, with Schmidt serving on Apple's board during part of his tenure as Google CEO.

  • SAN FRANCISCO, Oct 5- Consumer Reports, the influential reviewers' group that blasted the iPhone 4 for a faulty antenna, on Friday gave Apple Inc's latest smartphone a thumbs-up despite echoing widespread complaints about its patchy mapping service.

  • Review: Apple's maps app lets you follow the voice Friday, 5 Oct 2012 | 2:13 PM ET

    Although it's not flawless or as good as Google's maps app on Android phones, Apple's new offering on the iPhone got me where I needed to go _ for the most part. I've used Google's Android app since it was released three years ago.

  • Amsterdam goes green with electric scooter taxis Monday, 1 Oct 2012 | 9:22 AM ET

    AMSTERDAM, Oct 1- Six years ago Dutchman Ruben Beugels was on an Amsterdam tram that broke down, leaving him stuck in an out-of-the way place, and late for an appointment when he couldn't quickly find another means of transport.

  • Bailout Agreement Seen Pushing Europe Stocks Up Friday, 22 Jul 2011 | 2:07 AM ET
    Share Price chart

    European stocks were set to open higher on Friday, as euro zone leaders finally agreed on a fresh bailout for Greece and on enhanced powers for the monetary union's rescue fund.

  • How the Smartphone Is Killing the GPS Device Monday, 15 Nov 2010 | 11:37 AM ET

    The auto navigation device may soon begin to disappear, industry experts say, as satellite-tracking technology is absorbed into smartphones and automobiles. The New York Times reports.