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TomTom lose Renault exclusivity


Article by: Darren Griffin
Date: 9 Jul 2012

pocketgpsworld.com
News that TomTom has lost its status as the exclusive supplier of in-dash satnav solutions for Renault resulted in a 4.7% fall in the share price when the markets closed on Friday.

Renault was seen as an important customer for the Dutch satnav manufacturer and it had, until now, enjoyed exclusivity in the supply of in-dash navigation solutions to Renault.

Renault will now be offering versions of the Clio with a low-cost navigation solution from an as yet unspecified competitor. Renault also confirmed that this low-cost option will become available on other models in due course.

With PND sales in steep decline, TomTom and Garmin are focussing on deals in the automotive sectors and this news will come as a blow to their plans.



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Comments
Posted by Guivre46 on Mon Jul 09, 2012 9:35 am Reply with quote

The proverbial race to the bottom?


Mike R [aka Wyvern46]
Go 550 Live
Go 530T
One XLT WE

 
Posted by cjay2412 on Mon Jul 09, 2012 11:34 am Reply with quote

tomtom have treated there built in customers as second class since day 1 loads of new features added to pnd over the last couple of years never given to built in units namely

French danger zones
Map share corrections
Ability to add community content voices map colours etc.
Twitter trip advisor
Speed cameras downloaded over the air
Navcore upgrades

All the above are only require a software update but none have been implemented I have come to the conclusion that coming soon means never for built in units.
hopefully we might get some of the long overdue updates if tomtom beleve there business model is under threat


 
Posted by DennisN on Mon Jul 09, 2012 7:35 pm Reply with quote

If French danger zones are as (IN)accurate as TomTom speed cameras in UK, I wouldn't want anything to do with them.

TT Home tells me my Carminat map is not up to date and urges me to join MapShare and download all the lovely corrections. No thank you!!

Speed cameras downloaded over the air? Would that possibly make them even slightly accurate. No thanks!!

For me, one of the worst omissions from the built in Carminat is the ability to "Operate my Carminat" in TomTom Home (Having said which, retaining Home as opposed to My TomTom is a plus!! Now there's a thought - TT Home a plus Joker ).

Does anybody buy a vehicle for the satnav model it uses? But I certainly wouldn't have paid the Renault list price to have Carminat installed (it came as standard in the model I specced, but I didn't spec satnav at several hundred pounds more than my GO model).

Existing customers getting upgrades and updates? Don't hold your breath. Your first sentence about TT treating us as second class has some merit, but to be honest I think TT has lost the plot with all its models - they've been dumbing down and adding irrelevancies for the last five years.


Dennis
No TT MapShare (voluntarily), HD Traffic (involuntarily)
TT Support 08451610009 - A) issue, B) challenge, C) problem, D) cockup

 
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