Monday, October 11, 2010

Satnavs Heading for a Dead-end

Last week, Halfords, the UK’s largest motoring accessory retailer, released its half-year trading statement. And it made pretty grim reading. Bicycle sales down in a market where demand is growing, and satnav sales down by a remarkable 16 per cent year-on-year.

As the UK’s largest retailer of satnav devices, Halfords is very much a barometer of demand, and this dramatic downturn in sales is further evidence of the increasing popularity of smartphone navigation.


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