As per recent company data from Garmin, in 2020, the automotive segment of the business generated some 460 million U.S. dollars in revenue/net sales, down from the 548 million U.S. dollars that was recorded in 2019. The 2020 net sales figure is the lowest the company has seen in the study period from 2008.
Garmin automotive segment revenue worldwide from 2008 to 2020
(in million U.S. dollars)
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Garmin. (February 17, 2021). Garmin automotive segment revenue worldwide from 2008 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 29, 2022, from https://www.statista.com/statistics/217901/net-sales-in-the-automotive-segment-of-garmin-since-2008/
Garmin. "Garmin automotive segment revenue worldwide from 2008 to 2020 (in million U.S. dollars)." Chart. February 17, 2021. Statista. Accessed January 29, 2022. https://www.statista.com/statistics/217901/net-sales-in-the-automotive-segment-of-garmin-since-2008/
Garmin. (2021). Garmin automotive segment revenue worldwide from 2008 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 29, 2022. https://www.statista.com/statistics/217901/net-sales-in-the-automotive-segment-of-garmin-since-2008/
Garmin. "Garmin Automotive Segment Revenue Worldwide from 2008 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 17 Feb 2021, https://www.statista.com/statistics/217901/net-sales-in-the-automotive-segment-of-garmin-since-2008/
Garmin, Garmin automotive segment revenue worldwide from 2008 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/217901/net-sales-in-the-automotive-segment-of-garmin-since-2008/ (last visited January 29, 2022)
