Nokia’s Here Maps sold to BMW, Daimler and Volkswagen

After months of negotiation, Nokia sells the HERE Maps division to the German consortium, BMW, Daimler and Volkswagen for US$2.71 billion, according to the BMW blog. The3 news has yet to be confirmed by Here or the other auto makers. The deal would see HERE Maps turn into an open platform, which all car manufacturers can use for navigation and mapping inside vehicles. The three German car makers plan to offer the platform to Fiat Chrysler, Renault, Peugeot, Ford, Toyota and General Motors, allowing them
July 28, 2015 Read time: 2 mins
After months of negotiation, 183 Nokia sells the 7643 Here Maps division to the German consortium, 1731 BMW, 2069 Daimler and 994 Volkswagen for US$2.71 billion, according to the BMW blog. The news has yet to be confirmed by Here or the other auto makers.

The deal would see Here Maps turn into an open platform, which all car manufacturers can use for navigation and mapping inside vehicles. The three German car makers plan to offer the platform to 1674 Fiat 1958 Chrysler, 2453 Renault, Peugeot, 278 Ford, 1686 Toyota and 948 General Motors, allowing them to use the mapping service for free without licensing issues.

Nokia is selling the entire division of Here, meaning the car consortium is likely to continue hiring developers to work on the platform.

Currently, companies like Chinese search giant Baidu and Facebook use Here Maps to power its own mapping services. It remains to be seen how the new deal will affect those services.
Location Based Systems

For more information on companies in this article

Related Content

  • Sorting myth from reality in vehicle automation
    June 2, 2016
    Bob Denaro looks beyond the hype surrounding autonomous vehicles to the challenges that still need to be overcome. Automated vehicles (AVs) may be the perfect storm – in a positive way - with the automobile manufacturers, the government and consumers all embracing the emergence of a transformational new technology and product.
    Read More
  • German road toll to cost foreign drivers up to €130 a year
    November 3, 2014
    The German government has introduced a controversial road toll which will force foreign car drivers to pay up to €130 (US$162) a year for using Germany's autobahn motorways.
    Read More
  • In-vehicle intersection violation Warning system
    January 31, 2012
    Mike Schagrin, ITS Joint Program Office, RITA, and John Harding, NHTSA, describe US progress towards an in-vehicle Intersection Violation Warning system. In 2008, there were 37,261 fatalities on US roadways. Of these, 7,772, some 20.8 per cent of the total, were defined as intersection crashes or intersection-related crashes. Through a multi-agency research initiative led by the Research and Innovative Technology Administration (RITA), the US Department of Transportation (USDOT) has developed a prototype In
    Read More
  • The FIA’s formula for future mobility
    March 11, 2016
    The FIA’s Region I president Thierry Willemarck tells Colin Sowman about his organisation’s campaigning work for the rights of road users and mobility for all. The Fédération Internationale de l’Automobile may be best known as the FIA and the governing body for world motor sport - particularly Formula 1 - but its influence spreads far wider than the racetrack. The organisation was founded in 1904 with a remit to safeguard the rights and promote the interests of motorists and motor sport across the world. No
    Read More

Highlighted Content