Garmin Announced Collaboration With Arctic Cat On Snowmobile Display
Portfolio Pulse from charles@benzinga.com
Garmin (NYSE:GRMN) has announced a collaboration with Arctic Cat, a subsidiary of Textron Inc. (NYSE:TXT), to equip select 2025 snowmobile models with the Arctic Cat G8 display powered by Garmin's Tread GPS technology. This new display will offer advanced navigation, vehicle performance information, and a Group Ride Radio feature.
July 24, 2024 | 11:47 am
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Garmin's collaboration with Arctic Cat to provide the G8 display for 2025 snowmobiles is likely to enhance its product offerings and market reach in the powersports segment.
The partnership with Arctic Cat allows Garmin to integrate its Tread GPS technology into a new product line, potentially increasing sales and market penetration in the powersports industry.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Textron Inc. (TXT), the parent company of Arctic Cat, stands to benefit from the new G8 display powered by Garmin, which could enhance the appeal and functionality of its 2025 snowmobile models.
The integration of Garmin's advanced GPS technology into Arctic Cat snowmobiles could make Textron's products more attractive to consumers, potentially driving higher sales and market share.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80