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Harman announced the Becker-branded GPS earlier this year. Prices were expected to be between $399 and $699.
For a while there, it was easy to get lost in the GPS market. Now the smoke seems to be clearing just a bit. Hot on the heels of Magellan’s announcement, both Panasonic and Harman/Kardon say they are also getting out of the portable GPS market.
Who knew they were in?
Well, Harman did introduce the Becker earlier this year. However, the product never made it to the U.S. market. Also, Panasonic will keep its Strada in-dash navigation line, says Twice. The economy has been cited in both decisions.
Earlier this week, Magellan announced it would sell its consumer line to Mitac, the makers of Mio. Audiovox, JVC and Cobra are a few of the others that recently got out of the GPS market.
Tom Bancroft, Crutchfield’s merchandise director, is cited in the report saying that GPS sales are expected to be flat for the fourth quarter this year. In 2007, numbers were up about 400 percent.
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I suspect Sony is also bailing out of the GPS arena. They seem to have no new models in stock for shipment, and the ones that they just produced in September are now 50%-67% off in price on their website. Any thoughts on that?