I must say, ladies and gents, the automotive GPS market is not looking really great. Garmin, undoubtedly the largest and most popular provider of GPS devices in general, posted their 2014 financial reports late last week, and the numbers showed an 11% decrease in automotive devices and an 8% drop in outdoor devices (which includes handhelds and sport devices). Fitness devices, on the other hand, saw a whopping 70% increase, while marine and aviation saw moderate increases as well.
Here’s what Cliff Pemble, president and CEO of Garmin Ltd. said in the release as far as the auto market goes: read more








