Panasonic To Withdraw From Car Media Aftermarket

Bracknell, U.K., 1 December 2008 – Panasonic Europe, a subsidiary of Panasonic Corporation, Japan, today announced that it will phase out its car media aftermarket business in Europe due to decreasing demand in car media products such as CD tuners as well as price erosion in portable navigation systems.

Panasonic will re-focus its investment to growing sections of the Consumer Electronics market and reallocate its car media development and manufacturing resources into further strengthening its OEM business with car manufacturers where we have been a global market leader for many years.
All of which explains why their ads have disappeared from Talk Audio’s banner locations. I did kind of work this out when we started our year up again and Panasonic were lovely (I have been chums with senior Panny guys for a decade or so) but couldn’t support TA. Now, if we started reviewing Plasma screens and Blu Ray decks&;.