Final answer:
A GPS tracker is the device in a vehicle that provides location information based on streets or latitude-longitude coordinates by utilizing signals from an array of Earth-orbiting satellites.
Step-by-step explanation:
The device located in a vehicle that provides the location based on nearest streets or latitude-longitude readings is known as a GPS tracker. This technology relies on an array of satellites orbiting the Earth, each equipped with a precise atomic clock. A GPS receiver in the vehicle calculates its exact position by determining the time it takes for signals from the satellites to reach the device. This modern navigation tool leverages the ancient grid geographic coordinate system principles, using lines of latitude and longitude to specify a location on Earth. Consequently, GPS tracking devices have become indispensable in modern transportation and mobile communications.