Home PageFacebookRSS News Feed
PocketGPS
Web
Read the current newsletter! Weekly
Newsletter
SatNav,GPS,Navigation
MacFixer, the iPhone, iPod, and iPad specialists
News: Navigon pulls out of US Market

pocketgpsworld.comStory courtesy www.gpsbusinessnews.com.

Navigon have confirmed that they have decided to withdraw from the PND business in North America. CEO Egon Minar in an interview with GPS Business News blamed 'the difficult economic environment and aggressive pricing' for the decision.

Although the Chicago offices will remain open there will be a significant reduction in staff numbers. A few people will remain to support the continuing automotive and mobile phone business.

Navigon entered the US market in 2007 and by 2008 had attained the No4 position in the PND market. However the US market has suffered from very aggressive price cutting.

Click here to read more...

Click here to discuss...


Posted on Monday, May 04 @ 11:40:01 UTC by Darren Griffin

 
Related Links

· More about
· News by Darren Griffin


Most read story about :
TomTom Announce Navigator for Smartphone, Symbian and Sony P900


Article Rating

Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad


Options


 Printer Friendly Printer Friendly

 Send to a Friend Send to a Friend


Sorry, Comments are not available for this article.
Make a Donation



CamerAlert Database

Click here for the PocketGPSWorld.com Speed Camera Database

Download Speed Camera Database
20.054 (25 May 22)



WORLDWIDE SPEED CAMERA SPOTTERS WANTED!

Click here to submit camera positions to the PocketGPSWorld.com Speed Camera Database


12mth Subscriber memberships awarded every week for verified new camera reports!

Submit Speed Camera Locations Now


CamerAlert Apps



iOS QR Code






Android QR Code







Terms & Privacy


GPS Shopping