Garmin to supply navigation devices to Mercedes Benz
04/02/2013 11:19 PM
05/20/2014 10:41 AM
Garmin International on Tuesday said it has been selected to install its in-dash navigation systems in future Mercedes-Benz models for the next four years.
The Olathe-based company said its navigation devices will be “fully integrated into Mercedes’ infotainment systems.” Terms of the contract were not disclosed.
The German automaker is part of Daimler AG.
Shares in Garmin climbed more than 5 percent or $1.65, closing at $34.25.