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TomTom Posts Operating Loss as Auto Sales Slow

Citing slow car sales in Europe and North America, TomTom  reported a wider-than-expected loss in the first quarter. "In the first quarter of 2024, revenue was comparable to...

Michelin Mobility and Mapbox Partner in UK

Michelin Mobility Intelligence has partnered with Mapbox to provide data-driven traffic solutions for transportation departments, municipalities and engineering and consulting firms in the United...

Porsche Expands Google Services

Porsche said this week that it plans to offer Google GOOG 1.22%↑services for navigation, speech and add an app ecosystem for its future car models.  The premium automaker...

TomTom Reports Quarterly Loss, Partners With Terra Visus

Driven by stronger automotive division sales, digital mapping company TomTom  last week reported smaller than expected losses for its third quarter.  The company reported a...

Weekly Product News

Yaletown Partners Invests in oneNav Yaletown Partners have invested in Sunnyvale, Calif.-based oneNav, which recently rolled out its pureL5 Acquisition Receiver Core (pARC) GNSS augmentation product.  Financial details were...

TomTom and StreetLight Partner To Deliver Transportation Data

TomTom  has partnered with StreetLight Data to provide mapping and traffic data to StreetLight’s line of cloud-based products for transportation companies and government entities.  Streetlight Data,...

Weekly Product News

Spire’s Receives $6.5 Million NASA Contract Spire Global SPIR 0.00%↑ has announced it was awarded a $6.5 million, 12-month contract renewal to continue participation in...

INRIX Secures $70 Million Financing

Connected vehicle and traffic intelligence company INRIX has secured a $70 million financing round from funds managed by Morgan Stanley Investment Management.  The funding will be used...

TomTom Traffic Data Powers New PTV Group Automated Transport Modeling Solution

TomTom  has announced it is integrating its traffic data with PTV Group’s automated transport modeling solution, PTV Model2Go.  The deal allows PTV Group to leverage TomTom’s...

TomTom Defies Analysts, Reports First-Quarter Profits

Saying its location technology business and automotive unit showed growth, Amsterdam-based TomTom  has announced a return to profit in the first quarter with a profit...

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