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Powertrain, Body, Chassis and Safety

HERE: Automakers Confront Map Sharing

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Report Summary:

The anticipated acquisition of Nokia’s HERE map division by a consortium of three German automakers poses opportunities and challenges for the wider auto industry.  Multiple published reports suggest that HERE’s new owners will be a consortium comprised of Audi, BMW, and Mercedes-Benz, but that additional participants will be welcomed to acquire their own stake.  A formal announcement and confirmation is expected from Nokia next week, the reports state.

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