But TomTom's shares rose 14 percent to (EURO)3.376 after it said it will eventually supply navigation software for Peugeot. It did not give details. "Rumors are that TomTom will also announce a deal with Mercedes soon," wrote SNS Securities analyst Martijn den Drijver in a note. He said the second quarter results were "solid." "Things appear to be looking up in automotive, although patience is required," he said. He rates the shares a Hold.