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	<title>Honda Talk &#187; Corporate</title>
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		<title>Honda to Invest around $50 million for Pioneer’s In-car Technology</title>
		<link>http://www.hondatalk.net/honda-to-invest-around-50-million-for-pioneer%e2%80%99s-in-car-technology/</link>
		<comments>http://www.hondatalk.net/honda-to-invest-around-50-million-for-pioneer%e2%80%99s-in-car-technology/#comments</comments>
		<pubDate>Wed, 03 Jun 2009 03:37:37 +0000</pubDate>
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				<category><![CDATA[Corporate]]></category>
		<category><![CDATA[Pioneer]]></category>
		<category><![CDATA[Electronics]]></category>
		<category><![CDATA[Honda]]></category>
		<category><![CDATA[Interior]]></category>

		<guid isPermaLink="false">http://www.hondatalk.net/?p=79</guid>
		<description><![CDATA[Recent studies of the auto industry reveal that consumers are getting wiser and wiser as they look under the hoods of their cars, interiors, and the in-car technology provided. Honda knows the importance of satisfying their consumers and is looking into investing big time so they can have access to the entertainment technology provided by [...]]]></description>
			<content:encoded><![CDATA[<p>Recent studies of the auto industry reveal that consumers are getting wiser and wiser as they look under the hoods of their cars, interiors, and the in-car technology provided. Honda knows the importance of satisfying their consumers and is looking into investing big time so they can have access to the entertainment technology provided by Pioneer.</p>
<p>The information was revealed by a spokesperson from Honda as they learn that Pioneer is veering away from the development of television but focusing on the market of car electronics.</p>
<p>The Japanese car maker is looking into the great potential of a possible collaboration with a company that has a vast experience on in-car entertainment technology.</p>
<p><img class="alignnone size-medium wp-image-80" title="pioneer honda" src="http://www.hondatalk.net/wp-content/uploads/2009/06/pioneer-honda-500x238.jpg" alt="pioneer honda" width="500" height="238" /></p>
<p>The investment of Honda according to expert estimates may reach between $30 million and $50 million. Aside from the in-car next gen of Blu-ray players, the partnership will also include Pioneer car stereos, other entertainment units, and navigation systems.</p>
<p><span id="more-79"></span>In-car technology advancement has a big chunk of effect on the driving experience of a car owner in terms of finding his way on the road, being comfortable, and entertained with friends or family.</p>
<p>The new technologies in blu ray and navigation can open new doors of experience in terms of multimedia entertainment and vivid details in terms of providing direction for the driver.</p>
<p>The amount of money being invested is really irrelevant since Honda will create a strong partnership in the auto electronics side of the production line.</p>
<p>The Honda partnership may also be a good timing for Pioneer which has been struggling in recent years due to the drop in sales of their home electronics segment.</p>
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