Tag: TomTom
Browse our exclusive articles!
TomTom enhances 2022 revenue guidance
TomTom, a navigation and digital mapping company, has increased its outlook for 2022, as increased car production and higher location technology sales drove third-quarter results.
The...
TomTom to slash 500 jobs as it will gain from automation
TomTom, the Netherlands-based navigation and digital mapping company, will reduce around 10 percent of its global jobs, as it steps up automation in mapmaking capability.
“Regrettably,...
Car production curbs hit TomTom business amid chip shortage
Navigation and digital mapping company TomTom said its consumer and automotive revenue numbers would be affected by challenges due to chip shortage.
A global shortage...
TomTom to sell Telematics business to Bridgestone for $1.03 bn
TomTom, a navigation and digital maps company, announced its decision to sell its Telematics business to Japan’s Bridgestone for $1.03 billion in cash.
Telematics accounts...
TomTom lost navigation contract with carmaker Volvo
Dutch firm TomTom said on Tuesday it had lost a location and navigation service contract with carmaker Volvo, Reuters reported.
TomTom announced the tech...
