We weten dat E iets trager loopt
Marc Hesselink - ING FM - Analyst
Okay. Thanks. Second question is on Automotive. Clearly, the market is a bit slower. I mean, that’s no surprise, I think. But can you may be talk a bit what’s happening underlying? Like, what you’re seeing on new RFQs, the dynamics there, the competitive dynamics?
Harold Goddijn - TomTom NV - Chief Executive Officer, Member of the Management Board
So, we see two things, a short-term downward provision of production numbers and also some delays in new products, new vehicles, and their SOP dates. Now, a delay in SOP does not necessarily need to be a problem if you are the incumbent, butif you are winning market share, of course, then the transition from the old supplier to the new supplier will take more time. And that's hitting our top line in this case as well, with two of
our customers introducing models later than that we had initially anticipated. So, it's a combination of those two effects. If I look at our position in the market and our credibility in the market, I think all the signs are on green. We're talking to more customers, a lot of
customers that we have not been speaking to for some time. There are great opportunities opening up for contract wins. The engagements we
have are healthy, at the right seniority level within the companies as well. So, I'm happy with the credibility we have gained, the interest in
TomTom Orbis Maps, but also the interest in the Overture Maps Foundation and what it means for the long-term shape of the location industry.
So, compared to a couple of years ago, we're playing at a higher level. More strategic, more opportunities opening up. I think what we're also
witnessing is a renewed interest in everything that has to do with self-driving. And then not Level 5, perhaps, but there is now a greater
degree of consensus and technological maturity in the lower levels of self-driving, L2, L2+, L3. We noticed a significant interest for our next
generation of ADAS and self-driving products. So, there as well, I think the trends are looking favorable.
It's a little bit frustrating, of course, that this year isslower than we had hoped for in terms ofsales, especially in the automotive industry. But I think
fundamentally, what we've seen, the feeling we have in the product teams and the sales teams, is that our relative position is strengthening going
forward.
- auto produktie is lager
- we winnen marktaandeel
- de 2 nieuwe klanten zijn groter dan de degenen die elders gaan.
- uitstellen start off produktion is niet erg, als het al bestaande klanten zijn. maar bij nieuwe klanten wel.
Ik denk dus dat Renault met nieuwe modellen sneller is dan bv Volkswagen, maar wel kleiner, dus wint TT marktaandeel.
Oude modellen Renault blijven bij TT en oude modellen Volkswagen bij Here.
Dus het aantal bij de nieuwe modellen Renault zijn kleiner dan de nieuwe modellen van de 2 nieuwe TT klanten, alleen zijn die uitgesteld.
Als ik het al snap, dan snappen de moeilijke woorden het zeker !