VAN BUREN TOWNSHIP, Mich.,
Feb. 24, 2014 /PRNewswire/ -- Visteon
Corporation (NYSE: VC), a global automotive electronics leader, and
Autonet Mobile, Inc., a leading Internet-based telematics and apps
service provider, have entered into an exclusive agreement for
Visteon to integrate Autonet's telematics technology into Visteon's
next-generation products for global vehicle manufacturers.
![Visteon Corporation Logo. Visteon Corporation Logo.](http://photos.prnewswire.com/prnvar/20001201/DEF008LOGO)
Visteon and Autonet Mobile will provide vehicle manufacturers a
complete end-to-end software and app platform, designed to
integrate with vehicle electrical architectures and networks, to
enable new vehicle features. The solution incorporates a telematics
control unit (TCU), OS software, apps and technical support.
Autonet Mobile's solution enables the vehicle to connect to mobile
devices, machine-to-machine (M2M), vehicle-to-anything (V2X) and
the Internet of Things. Autonet Mobile apps like parental controls,
fleet management and remote vehicle commands support categories
such as usage base insurance, parking and toll, and more.
Under the agreement, Visteon will lead design and integration
efforts with global vehicle manufacturers and Autonet Mobile will
provide software, Internet Protocol (IP) and network operation
services.
"The embedded automotive telematics market is forecast to grow
at a cumulative rate of 42 percent, reaching a vehicle installation
rate of 50 percent by 2018," said Marty T.
Thall, president, Visteon Electronics. "Visteon and Autonet
Mobile are leveraging their complementary capabilities to become a
driving force in the development of next-generation in-vehicle apps
and services for the connected car."
Autonet Mobile's IP-based TCU is designed to connect cars in
motion with reliable content delivery and app services. Visteon and
Autonet Mobile's telematics solutions will enable vehicle
manufacturers to connect cars to high-speed mobile networks and
deliver pervasive Cloud computing, mobile apps and fleet
telematics, while being fully compatible with essential vehicle
functions and external devices.
"Autonet Mobile is proud to partner with a world-class, tier-one
automotive-grade technology provider," said Bob Sick, chief executive officer, Autonet
Mobile. "This partnership extends Autonet's reach further into
the global automotive manufacturing market and expands Visteon's
rich connected vehicle platform offerings for vehicle
manufacturers."
Autonet Mobile's current customers include Fiat-Chrysler, Dodge,
Jeep, RAM Trucks, Mercedes Benz,
Maserati, Subaru and General Motors. Visteon expects to begin
manufacturing for various vehicle manufacturers in the second half
of 2014.
Visteon Electronics, a division of Visteon Corporation, is a
leading supplier of automotive cockpit electronics that delivers
innovative in-vehicle user experiences through solutions in user
interfaces, connectivity and open architectures. Supported by
a global network of 16 manufacturing facilities, four technical
centers and 11 customer centers, Visteon Electronics employs
approximately 5,900 people in its consolidated operations.
About Autonet Mobile, Inc.
Autonet Mobile is one of the first Internet-based telematics,
mobile apps, and Cloud- based software platforms designed for
vehicles. Founded in 2005, and based on a technology platform
designed to maintain wireless connectivity to vehicles in motion,
Autonet Mobile works in direct partnership with several of the
world's largest original equipment automotive manufacturers.
Autonetmobile.com
About Visteon
Visteon is a global automotive supplier that designs, engineers
and manufactures innovative components and systems for virtually
every vehicle manufacturer worldwide through businesses including
Visteon Electronics, Visteon Interiors and Halla Visteon Climate
Control Corp. Visteon's family of businesses generated $13.8 billion in sales in 2012, including
non-consolidated operations. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; Visteon has facilities in 29
countries and employs about 22,000 employees in its consolidated
operations. Learn more at www.visteon.com.
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SOURCE Visteon Corporation