digital mapping

TomTom has gone through major restructuring and is now developing high-definition self-driving maps.

Navigation firm TomTom Q1 operating result turns to loss on higher R&D costs

DIGITAL mapping specialist TomTom said on Wednesday (Apr 17) its operating result turned to a wider-than-expected loss in the first quarter, weighed down by an increase in research and development (R&...

The move marks a shift from Porsche’s previous reluctance to use Google software.

Porsche to integrate Google Maps, Assistance into future cars

PORSCHE will integrate Google Maps, Google Assistance and other apps from Google Play into its future cars, it said on Monday (Oct 30).

The Amsterdam-listed company confirmed its 2023 guidance for revenue of between 570 million euros and 600 million euros.

Map maker TomTom’s Q3 loss narrows boosted by car branch growth

DIGITAL mapping specialist TomTom on Friday (Oct 13) reported a smaller than expected operating loss for the third quarter, driven by strong sales of its automotive branch that grew faster than car pr...

TomTom has developed new maps and a platform that it said offers wider geographical coverage and faster updates, and which allows users to add and integrate its own data.

TomTom lifts 2023 forecasts after new maps help beat Q2 expectations

Digital mapping specialist TomTom on Monday (Jul 17) raised its full-year revenue and free cash flow forecasts after the roll-out of its new maps was well received by the auto industry and generated b...

TomTom, which counts Volkswagen, Renault and Microsoft among its clients, had been hit by soaring inflation and the global chip shortage that disrupted the automotive and electronics industries.

Navigation firm TomTom’s shares jump after surprise Q1 profit

DUTCH navigation and digital mapping group TomTom reported a surprise first-quarter profit on Friday (Apr 14) helped by cost controls and sales growth in its location pin-pointing and automotive marke...

TomTom, whose customers include Volkswagen and Microsoft, forecast revenue for the current fiscal year in a range of 540 million euros to 580 million euros.

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

DUTCH navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday (Feb 3), after posting better-than-expected fourth-quarter revenue driven by strong automotive performanc...