Smartphones are getting increasingly well-integrated into the car's stereo, though - especially in the Appleverse.
From a contingency planning perspective, even if their business is healthy now, they might also want to hedge against a long-term decrease in private car ownership. We're seeing quite a few trends that point in that direction: increasing use of ride share services, self-driving cars, wealthier folks moving back into the cities, increasing cultural interest in moving away from motorized transportation as the default, more remote work.