March 3, 2009

TomTom Navigation in new Relaults

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TomTom has announced a partnership with Renault to bring high quality OEM navigation to car buyers, and in a first, the ability to easily upgrade their maps, POI and information available through an easy download. The 5.8-inch screen will be a great addition to the driving experience and with TomTom's easy to use interface, they will be a high quality choice. The fact that buyers will become a part of the millions who use TomTom, and get full support and update capability is a big plus.

"TomTom sees automotive as major growth area in the navigation space," said Harold Goddijn, TomTom's CEO. "Given that Renault, one of the top five automotive brands, chose us to work with and the fact that we have brought the Carminat TomTom solution to market in record time gives us confidence in our role as a serious player in this market."

Full Press Release follows.....


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Scott Martin at Permalink | Comments (0) | social bookmarking

February 27, 2009

TomTom ONE-S - Amazon Deal of the Day - $99 with Text to Speech

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The TomTom ONE-S is a slightly older version in the TomTom ONE line-up, but comes with that ever popular Text to Speech capability (says street names) making this a true bargain for $99 from TomTom. The pre-loaded maps of the US and Canada make it a fairly full offering. It has a standard size screen of 3.5-inches.

As always it has the Help Me capability to give you access to important info if you are in an emergency, and access to MapShare, where you can send and receive map corrections from the community of TomTom users.

At Amazon - TomTom ONE S Deal of the Day - $99

Scott Martin at Permalink | Comments (0) | social bookmarking

February 25, 2009

Microsoft Sues TomTom for Patent Infringement

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TomTom is getting sued for patent infringement by Microsoft for what is reportedly for patents covering file management making the file search and seeking more efficient.

Microsoft's lawyer, Horacio Gutierrez, issued a statement:
"We have an established intellectual property licensing program, and the patents involved in this case, relating to innovations in car navigation technology and other computing functionality, have been licensed by many others. In situations such as this, when a reasonable business agreement cannot be reached, we have no choice but to pursue legal action to protect our innovations and our partners who license them."

Scott Martin at Permalink | Comments (0) | social bookmarking

February 24, 2009

TomTom Reports a Loss, Writes Down TeleAtlas

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TomTom announced some bad news today as they offered a loss and a write-down on the TeleAtlas acquisition. TomTom lost 989 Million Euros in the last quarter compared to a profit of 107 Million Euros a year earlier. This was on the back of a 17% loss in topline sales in the quarter, apparently in line with earnings estimates. They also wrote off about a billion Euros from teh value of the TeleAtlas acquisition, while admitting that they overpaid for the map maker.

As TomTom moves forward, they indicated that their HD launch has been going well, with about 25% of their HD Traffic customers renewing their subscriptions after a year's time. That is not bad, but I would have hoped for a higher rate. It all depends on what their financial models say, but once you have the purchase made, one would hope to keep that person as a customer. TomTom indicated that they are going to be working on more services sales this year, maybe they are thinking the same thing. Reportedly they have 130,000 customers.

TomTom also commented on the fact that they believe that they are going to comply with their loan agreements, but it sounds like if the market deteriorates more, they could see an issue moving forward with that debt load.


Scott Martin at Permalink | Comments (0) | social bookmarking

February 6, 2009

TomTom ONE XL - $99

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The TomTom ONE XL is a solid performer from this top shelf name, with high quality routing of North America, and all the benefits of the easy to use TomTom interface. This is from the last generation of TomTom navigators, but comes with fresh maps and is a trustworthy navigation system. The TomTom ONE XL has maps of North America, and is a widescreen unit (4.3-inch screen), but does not have text to speech.

This is a refurbished unit, so you have to be OK with buying them, but if you are you'll be getting a great model for only $99 (over 30% off - a savings of over $40).

At Amazon - TomTom ONE XL Refurbished

Scott Martin at Permalink | Comments (0) | social bookmarking

January 20, 2009

TomTom Warns of Lower Earnings

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TomTom announced that they are going to come up short on their earnings for the last quarter of 2008, warning that sales were off from expectations, indicating that they are up to a million units short across Europe and North America. If things aren't bad enough, they need to re-assess their TeleAtlas acquisition valuation and potentially write the value of that down too.

All of this unfortunate news comes on the heels of them announcing their TomTom GO 740 LIVE unit at the CES 2009 show, whih hopefully can re-excite the market in the spring when it is launched.

Scott Martin at Permalink | Comments (0) | social bookmarking

January 13, 2009

Insight from TomTom US President J. Vigreaux

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Jocelyn Vigreaux, the US President of TomTom offered a few interesting positions on TomTom, their new connected device for the US and the general outlook for the GPS market. In a Barron's posting, Vigreax cites the falling prices for raw materials as a key enabler of low prices in the holiday season. We saw the TomTom ONE 125 hit (and stay at) $99 for a long time, offering a great value in a top name brand.

In launching their new TomTom GO 740 LIVE, the company expects to attract high end users while capturing some monthly revenue. The units come with a year's subscription to the cellular connection service, and will cost about $10 a month after that.

In looking ahead, Vigreaux talked about the surge of cellphone navigation and cited that they appear to address different use cases or needs. He and I are aligned on this; phones inherently have or need small screens, while navigators are better suited for larger screens. It may just come down to sacrifices; those with top of the line smart phones want navigation built in and will sacrifices screen size for the rest of the bundled features, while others will take the small phone footprint and adopt a larger navigation unit. Should be interesting to see where this all lands us in the coming years....

Thanks Jim for sending this in.


Scott Martin at Permalink | Comments (0) | social bookmarking

January 12, 2009

TomTom GO 740 LIVE - Best of CES

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CNet has awarded the Best of CES awards and the TomTom GO 740 LIVE has taken home the honors this year as the best GPS unit in the show. The promise of connected GPS units - allowing much bigger bandwidth and two way communication functionality will let you Google search fo Points of Interest, get better traffic updates, and bring the power of relevant information to your driving; all in the TomTom interface.

More on the TomTom GO 740 LIVE

Scott Martin at Permalink | Comments (0) | social bookmarking

January 8, 2009

TomTom GO 740 Live Connected GPS Headed for US in Q2

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The TomTom GO 740 Live connected GPS is headed for the US. Gizmodo has some pics of it up from CES, as it is already launched in the UK, with some favorable first impressions from over there. The unit has cellular connections that feed data (traffic, search, weather, etc) to the unit in a high bandwidth way, giving much more resolution on what's happening. The unit can also search, Google style, for local businesses.

Should be a good look at what connected GPS can do. Can't wait.

Press Release after the jump....

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Scott Martin at Permalink | Comments (1) | social bookmarking

January 7, 2009

TomTom In Dash Navigation - Eclipse AVN4430

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TomTom's technology is looking pretty sweet in the new Eclipse AVN4430 in-dash multimedia playback and navigation center. The unit features all kinds of media playback,
as a CD/DVD player, iPod Audio, iPod Video, and on and on.... Oh, yea and of course the 4.3-inch touchscreen is great for navigation too. Features the latest TomTom interface, and of course Text to Speech.

Full Press Release Below....

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Scott Martin at Permalink | Comments (2) | social bookmarking

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