īouncie uses 4G LTE to transmit driving data, so a subscription is required. ![]() Downloading the app, signing up, and plugging in the device takes only a few minutes and instantly gives you access to real-time tracking. īecause of its ease of use and affordability, the Bouncie GPS Car Tracker is our pick for Best Overall car GPS tracker. For more information on our testing methodology and how we evaluate every product, check out our methodology page here. We publish hundreds of product and service reviews to bring car enthusiasts detailed guides on automotive tools, detailing kits, car seats, pet products, and much more. Our team of product testers thoroughly researches top products, unboxes and puts our hands on each component, and tests the items on real vehicles before making recommendations to readers. Why You Can Trust UsĮach year, we test over 350 auto products on vehicles and in our testing lab. It should be noted that the Bouncie and Vyncs GPS trackers were tested separately since our vehicle only has one OBD-II port. Next, each of the GPS trackers we tested was placed in the same testing vehicle and tracked over a 24-hour period. All tracking apps were accessed using iOS 15 on an iPhone 12 Pro. Best GPS Trackers For Cars Testing Processįor each GPS tracker, we bought the base-level tracking subscription. Each car GPS tracker was given a rating out of 5 stars based on these criteria. A team member tested each product on one of our testing vehicles, taking note of how navigable the car GPS tracker’s app interface was, how well it tracked, and the design of the device itself. Our product testing team then ordered the car GPS trackers that best met these standards. ![]() We started by searching retailers like Amazon, RealTruck, and Advance Auto Parts for top products, looking at factors such as warranties, updates, customer ratings, and prices. (NYSE, Nasdaq: VZ) in 2016 for US $2.4 billion.The car GPS trackers in this article went through two rounds of reviews. ABAX represents Investcorp’s fourth investment in the space, with other notable investments including SageQuest and Fleetmatics which rapidly expanded under its ownership and successfully merged and listed on the New York Stock Exchange in 2012, creating the fastest growing global fleet tracking software provider, and was ultimately acquired by Verizon Communications Inc. Investcorp acquired ABAX in 2017 with the aim of supporting its growth strategy by capitalizing on the fragmented and expanding market for telematics solutions. Our acquisition demonstrates confidence in the growth potential of the new combined entity, and we look forward to working together to accelerate our growth ambitions in the years to come”.įounded in 2003, ABAX is one of Europe’s largest telematics solution providers. Together with Automile, we will be at the forefront of innovation with the most modern, open, and advanced telematics platform. Morten Strand, Group CEO of ABAX, said: “The acquisition is an important step for us to further strengthen our operations and our position in the Nordics, Europe, and globally. ABAX has delivered consistent growth and we believe that the company is well-positioned for the future with a proven acquisition playbook in an expanding addressable market.” This combination creates the second largest telematics player in Europe by the number of subscriptions and will enable ABAX to offer new and existing customers a wider array of value-added connectivity services with greater geographic coverage.ĭaniel Lopez-Cruz, Investcorp’s Head of Private Equity, Europe, said: “We backed ABAX to acquire Automile as the transaction enhances ABAX’s leadership position in the highly fragmented and growing telematics market, which we believe remains underpenetrated despite increased rates of adoption. The addition of Automile strengthens ABAX’s growth platform, bringing together a highly complementary portfolio of telematics solutions that will leverage ABAX’s global IoT network. The transaction has closed and positions the combined group as a global telematics leader with more than 360,000 subscriptions. ![]() ![]() Investcorp, a leading global provider and manager of alternative investment products, today announced that its portfolio company ABAX (“ABAX”), the #1 telematics solutions provider in the Nordics and one of the largest in Europe, has acquired Automile (“Automile”), a Nordic based provider of telematics and internet of things (IoT) services.
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