TAG: Volkswagen

Nokia’s HERE Maps sold to BMW, Daimler and Volkswagen

July 27, 2015By
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After months of negotiation, Nokia will sell its HERE Maps division to a consortium of German automakers — BMW, Daimler and Volkswagen — for $2.71 billion, according to the TU Automotive website. Under the agreement, HERE Maps would turn into an open platform that all car manufacturers can use for navigation and mapping inside vehicles, giving automakers independence from companies such as Google for maps and navigation at a... read more

German Auto Consortium Set to Buy Nokia Map Unit

July 23, 2015By

The value of accurate maps is not lost on the automotive industry as it transitions from connected cars to automated vehicles. Three German automakers are rumored to be making a multibillion-dollar investment in Nokia’s HERE mapping division. If the deal goes through as expected by late July, Nokia, which purchased HERE (then called Navteq) for $8 billion in 2007, will have spurned... read more

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Volvo and Mercedes-Benz Driving Roll Out of ADAS as Standard Equipment in Cars

November 4, 2013By

​ABI Research forecasts that the global market for Driver Monitoring Systems (DMS) will reach 64.8 million units by the end of 2020 with the majority of shipments being accounted for in vehicles sold in the Asia-Pacific region. These findings are part of ABI Research’s Intelligent Transportation Systems Research Service and includes detailed installed base and forecasts of ADAS systems [‪advanced... read more