Ituran Signs New OEM Agreement with Renault in Latin America
Ituran (NASDAQ: ITRN) announced on Nov 24, 2025 that it signed an initial three-year service agreement with European OEM Renault to provide tracking and telematics services across multiple countries in Latin America. The deal introduces Ituran services to Renault's Latin American customers and could broaden Ituran's regional presence. The company said there is strong potential to expand the agreement to additional markets globally and to extend service periods, which the company expects could help accelerate long-term net subscriber growth.
Ituran (NASDAQ: ITRN) ha annunciato il 24 novembre 2025 di aver firmato un accordo di servizio iniziale della durata di tre anni con l'OEM europeo Renault per fornire servizi di tracciamento e telematica in diversi paesi dell'America Latina. L'accordo introduce i servizi Ituran ai clienti latinoamericani di Renault e potrebbe ampliare la presenza regionale di Ituran. L'azienda ha dichiarato che esiste un forte potenziale per ampliare l'accordo verso ulteriori mercati a livello globale e per estendere i periodi di servizio, cosa che potrebbe contribuire ad accelerare la crescita netta degli abbonati a lungo termine.
Ituran (NASDAQ: ITRN) anunció el 24 de noviembre de 2025 que firmó un acuerdo inicial de servicio de tres años con el fabricante europeo Renault para proporcionar servicios de rastreo y telemática en varios países de América Latina. El acuerdo introduce los servicios de Ituran a los clientes latinoamericanos de Renault y podría ampliar la presencia regional de Ituran. La empresa dijo que hay un potencial fuerte para ampliar el acuerdo a mercados adicionales a nivel global y para extender los periodos de servicio, lo que la empresa espera que podría ayudar a acelerar el crecimiento neto de sus suscriptores a largo plazo.
Ituran (NASDAQ: ITRN)은 2025년 11월 24일 유럽 OEM Renault과 초기 3년 서비스 계약을 체결했다고 발표했습니다. 이 계약은 라틴 아메리카 여러 국가에 걸쳐 추적 및 텔레매틱스 서비스를 제공하기 위한 것입니다. 이 거래는 Renault의 라틴 아메리카 고객들에게 Ituran의 서비스를 도입하며 Ituran의 지역적 입지를 확장할 수 있습니다. 회사는 전 세계의 추가 시장으로 계약을 확대하고 서비스 기간을 연장할 강한 잠재력이 있다고 말했으며, 이는 장기 순 구독자 성장의 가속에 도움이 될 수 있다고 기대합니다.
Ituran (NASDAQ: ITRN) a annoncé le 24 novembre 2025 avoir signé un accord de service initial de trois ans avec le constructeur européen Renault pour fournir des services de suivi et de télématique dans plusieurs pays d'Amérique latine. L'accord introduit les services d'Ituran aux clients latino-américains de Renault et pourrait élargir la présence régionale d'Ituran. L'entreprise a déclaré qu'il existe un fort potentiel pour étendre l'accord à d'autres marchés mondiaux et prolonger les périodes de service, ce qui pourrait aider à accélérer la croissance nette des abonnés à long terme.
Ituran (NASDAQ: ITRN) gab am 24. November 2025 bekannt, dass es eine anfängliche dreijährige Servicevereinbarung mit dem europäischen OEM Renault unterzeichnet hat, um Tracking- und Telematikdienstleistungen in mehreren Ländern Lateinamerikas bereitzustellen. Das Abkommen führt Ituran-Dienste den lateinamerikanischen Renault-Kunden vor und könnte die regionale Präsenz von Ituran erweitern. Das Unternehmen sagte, es gebe ein starkes Potenzial, die Vereinbarung auf zusätzliche Märkte weltweit auszudehnen und die Servicezeiträume zu verlängern, was laut dem Unternehmen dazu beitragen könnte, das langfristige Nettosubskriber-Wachstum zu beschleunigen.
Ituran (NASDAQ: ITRN) أعلنت في 24 نوفمبر 2025 أنها وقعت اتفاقية خدمة ابتدائية لمدة ثلاث سنوات مع المُصنِّع الأوروبي Renault لتقديم خدمات التتبع والتليماتيكس عبر عدة دول في أمريكا اللاتينية. الصفقة تُقدِّم خدمات Ituran لعملاء Renault في أمريكا اللاتينية وقد تُوسع الوجود الإقليمي لـ Ituran. قالت الشركة إن هناك إمكانات قوية لتوسيع الاتفاقية إلى أسواق إضافية على مستوى العالم ولتمديد فترات الخدمة، وهو ما تتوقع الشركة أن يساعد في تسريع نمو المشتركين الصافيين على المدى الطويل.
- Signed an initial three-year service agreement with Renault
- Contract covers multiple countries across Latin America
- Adds a new global OEM customer, Renault, to Ituran's partner base
- Potential to expand to additional markets and extend service periods
- Agreement is described as an initial three-year term, not a long-term guaranteed contract
- Geographic scope announced is limited to Latin America in the initial deal
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Eyal Sheratzky, co-CEO of Ituran commented, "We are thrilled to announce this new agreement with Renault, bringing Ituran's service and tracking solutions to their Latin American customers. We are excited with the long-term potential of this agreement which allows us to more broadly sell our service offerings, strengthening our presence in
André Mói, Purchasing Director at Renault, added, "Renault is committed to offering high-quality and innovative services to its customers. The agreement with Ituran is aligned with our strategy of working with leading suppliers in the market to ensure the best solutions for our customers."
About Ituran
Ituran is a leader in the mobility technology field, providing value-added location-based services, including a full suite of services for the connected-car. Ituran offers Stolen Vehicle Recovery, fleet management as well as mobile asset location, management & control services for vehicles, cargo and personal security for the retail, insurance industry and car manufacturers. Ituran is the largest OEM telematics provider in
Ituran's subscriber base has been growing significantly since the Company's inception to over 2.5 million subscribers using its location-based services with a market leading position in
For more information, please visit Ituran's website, at: www.ituran.com
Company Contact Udi Mizrahi Deputy CEO and VP Finance, Ituran ( | International Investor Relations Ehud Helft EK Global Investor Relations (US) +1 212 378 8040 |
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SOURCE Ituran Location and Control Ltd.
FAQ
What did Ituran (ITRN) announce on November 24, 2025 about Renault?
Which markets does the Ituran and Renault agreement cover for ITRN?
How long is the Ituran contract with Renault (ITRN) and is it expandable?
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Is there financial guidance or value disclosed for the Ituran–Renault (ITRN) deal?
