Palm announced yesterday that in late November it will be bringing a new GPS product called the Palm GPS Navigator featuring Garmin Mobile XT software. This product will retail for $249.

Palm expects the product to attract new users to the mobile phone GPS market. The new device coupled with the Garmin software provides drivers with turn-by-turn directions that are voice prompted and provides millions of points of interest, updated fuel prices, traffic, hotel prices, and weather forecasts.

The Garmin XT Software is loaded on a microSD card and includes maps of the U.S., Canada, and Puerto Rico. "Garmin is pleased to provide a navigation solution so Palm users can transform their favorite Palm Treo or Centro smartphone into a full-featured Garmin GPS navigator," said Charles Morse, director of mobile and PND marketing at Garmin. "Garmin Mobile XT is easy to use, has no monthly charges, and will help ensure that Palm users never get lost again."

Via Palm