TomTom says Google deal with carmakers could hit its orders: ANP

FILE PHOTO: TomTom navigation seen in front of the TomTom logo in this illustration taken July 28, 2017. REUTERS/Dado Ruvic/File Photo

AMSTERDAM: Digital mapping company TomTom will probably lose some business in future as a result of Google's deal with carmakers Renault, Nissan and Mitsubishi, TomTom's finance chief said on Sept 19.

Carmakers opting for Google Maps would have an impact on TomTom's order flow, CFO Taco Titulaer told Dutch news agency ANP, although that would not directly hit revenues immediately, as it takes time for orders to translate into sales.