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Tuesday, November 29, 2011

Panasonic (NYSE:PC) Delivers MirrorLink Audio System For Toyota iQ (potential upside 48.9%)

Uploaded by on Nov 28, 2011
Panasonic (NYSE:PC) announced that it has delivered its in-car Display-Audio1 system compatible with the new MirrorLink 2 smartphone-to-car connectivity standard for the Toyota (NYSE:TM) iQ city car being sold by Toyota Motor Europe. This makes the company the world's first OEM supplier of such a product for the car industry. This genuine Toyota accessory named "Toyota Touch Life" is being offered as a dealer option for the iQ in Europe.

Panasonic (NYSE:PC) has potential upside of 48.9% based on a current price of $9.04 and an average consensus analyst price target of $13.46.

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