Since the cost of microchip went down, almost everything from cars and other day to day use items are being embedded with microchips to do simple or complex tasks. Cars and other vehicles has been fitted with lots of technologies to make the driver’s life much more easy. GPS is one of the widely used visible technology fitted in a vehicle today. There are lots of other areas where technology is embedded in vehicles like engines, gearbox, suspensions etc which make the car much more safer and responsive to drive. Lots of these technologies are coming in from car racing and they do a lot of research on how to use technology effectively on their racing cars.
Well, GPS is not that widely used system in racing cars but still some of them use it to track exact location of their racing car when on a race and analyze the racing line it is taking. Well, normally we see the use of GPS to navigate the city streets but there is another application that uses GPS system, GPS Vehicle Tracking System. GPS tracking is very useful if you have a teenager who has just got a license. You can monitor his movements by usint GPS vehicle tracking. This is also useful if your vehicle was ever to get stolen. Other possible use for GPS vehicle tracking is integrating GPS tracking system for rental car companies. There is already a company in existence which uses this kind of technology to rent its vehicles which is based in greater London area. 
Networkcar.com provides this kind of service for any and all kind of customers, be it for home use of for commercial use. They provide around the clock vehicle monitoring service which is done remotely. They monitor the performance of the vehicle, the location its at in real time and also the security of the vehicle.
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GPS is the way to future. I see in next 20 years or so , may be no vehicle in our countries will be without gps. However , cost is still a problem , specially in developing nations. But I am sure , with increase in demand the cost will come down. Nice blog.
GPS systems offer companies increased productivity and cost savings on a large scale. There are several ways in which a fleet gps tracker enables companies to reduce operating costs. These tools aid a company and drivers in lowering their rate of margin error. Fewer mistakes equal a lower cost in fixing errors. As drivers become more accountable for their day-to-day driving routines, they can complete their routes faster and more effectively. This results in a lower necessity to pay overtime to fix errors.