The Traderszone Network

Published in TZ Latest News 3 May, 2015 by The TZ Newswire Staff

TomTom CEO says its maps destined for use in self-driving cars

Dutch navigation company TomTom aims to become a main provider of technology for self-driving cars as it charts its way back to success after seven lean years, chief executive Harold Goddijn said. Goddijn told Reuters that an overhaul of TomTom’s digital mapping architecture lies behind a renaissance that has seen its automotive division win big contracts in recent months, prompting analyst upgrades and a 40 percent surge in its shares.

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