Panasonic announces its first combination CD/MP3 player/receiver for cars.
"..New model CQ-DP171U combines a high quality AM/FM receiver with a CD player that will accommodate both commercially produced CDs and home-recorded discs. The CQ-DP171U can play back MP3 music files that are recorded on 5-inch (12 cm) CD media: CD-ROM, CD-R or CD-RW discs. Engineered with MOS-FET circuitry and Panasonic's one-chip LSI, the new unit delivers audiophile-grade sound at 45W x 4 watts. The CQ-DP171U is scheduled to debut in September, with a suggested manufacturer's retail price (MSRP) of $299.99..."