Nokia and Renault European Car maker team up for navigation system cars.

Nokia and Renault team up in navigation drive

HELSINKI (Reuters) - Nokia (NOK1V.HE), the world's top cell phone maker, said it will co-brand a set of Renault (RENA.PA) Twingo cars which will go on sale later this month, packed with Nokia's navigation system and handsfree equipment.

"Navigation is a new and fast growing industry and we are also looking for new ways to operate there. Co-operation of Nokia and a car industry is a natural step," Nokia's spokeswoman Eija-Riitta Huovinen said on Wednesday.

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This make a lot of sense for Nokia. which is attempted to buy Navteq the united states based digital map supplier. This is one way nokia can use the know how of t he navigation company a great move to expand into the marketing of GPS.

Nokia to buy Navteq for $8.1 billion

HELSINKI, Finland - Nokia Corp. is buying U.S. navigation-software maker Navteq Corp. for around $8.1 billion, the world's largest mobile phone maker said Monday. The deal has been approved by the boards of both companies, according to Nokia.

Nokia seems to be keen to expand into this navigation market specially with a lot of phone companies selling new unlocked phone models with built in navigation for Nokia the Nokia N95 is a great model with navigation system built in. I believe Nokia will be manufacture more phones with GPS.

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