Washington, D.C. 20549

                                    Form 8-K

                Current Report Pursuant to Section 13 or 15(d) of
                           the Securities Act of 1934

       Date of Report (Date of earliest event reported): August 20, 2002

                                   GARMIN LTD.
             (Exact name of registrant as specified in its charter)

   Cayman Islands                0-31983                98-0229227
   (State or other              (Commission             (I.R.S. Employer
    jurisdiction                File Number)            Identification No.)
   of incorporation)

                                P.O. Box 30464SMB
                            5th Floor, Harbour Place
                             103 South Church Street
                    George Town, Grand Cayman, Cayman Islands
                    (Address of principal executive offices)

      Registrant's telephone number, including area code: (345) 946-5203*

                                 Not Applicable
          (Former name or former address, if changed since last report)

*  The executive offices of the Registrant's  principal United States subsidiary
   are located at 1200 East 151st Street,  Olathe,  Kansas 66062.  The telephone
   number there is (913) 397-8200.

Item 9.  Regulation FD Disclosure

         See  attached as Exhibit  99.1 to this Form 8-K a press  release  dated
August 21, 2002  concerning  the  retirement of Gary Burrell as co-CEO and Board

         The information in this Form 8-K,  including the exhibit,  is furnished
pursuant  to Item 9 and shall not be deemed to be "filed"  for the  purposes  of
Section 18 of the  Securities  Exchange Act of 1934 or otherwise  subject to the
liabilities of that Section.


         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                              GARMIN LTD.

Date:  August 21, 2002                        /s/ Andrew R. Etkind
                                                  Andrew R. Etkind
                                                  General Counsel and Secretary

                                  EXHIBIT INDEX

         Exhibit No.                  Description
         -----------                  -----------

             99.1               Press release dated August 21, 2002
                                concerning the retirement of Gary
                                Burrell as Co-CEO and Board changes.

            Garmin Ltd. Announces Co-CEO Retirement and Board Changes

CAYMAN  ISLANDS/August 21, 2002 / PRNewswire-- Garmin Ltd. (Nasdaq:  GRMN) today
announced  that Gary Burrell will retire as co-CEO on August 24, 2002,  his 65th
birthday.  Mr. Burrell will remain as co-chairman  and a director of the company
as well as chairman of its U.S. subsidiaries.  In these capacities,  Mr. Burrell
will  continue  to provide  support  for several  ongoing  business  development
activities. Dr. Min Kao, who is currently co-chairman and co-CEO of Garmin Ltd.,
will continue as  co-chairman  and a director of the company and will become the
sole CEO. Dr. Kao will also continue to hold his present  positions as president
of the company's U.S.  subsidiaries and of its Taiwan  subsidiary.  Gary Burrell
and Min Kao both have degrees in electrical  engineering.  They together founded
the Garmin  group of  companies in 1989 and have jointly led the group since its

Commenting on his retirement, Mr. Burrell said, "I feel fortunate and privileged
to have had the  opportunity to help build a company which has not only become a
leader in general  aviation and consumer GPS products,  but whose  products have
helped improve the safety of navigation.  As I reach  retirement  age, I hope to
devote more time to my family,  to traveling  with my wife and to  philanthropy.
Min Kao has  been my  partner  from  the  beginning.  He is both an  exceptional
manager and leader and an  exceptional  engineer and he has been a driving force
behind Garmin's growth and success. I am confident that he will continue to lead
the company with the same skill and values that have been the foundation for our

"Garmin's  success  is  built  on the  principles  of  innovation,  convenience,
performance, value, and service that Gary Burrell has always cherished," Dr. Kao
said.  "I look forward to helping to continue to serve and delight our customers
with innovative products."

The company also announced that, in advance of proposed Nasdaq rule changes that
would  require  that  listed  companies  have a board  composed of a majority of
independent  directors,  it has  restructured  its board of  directors to have a
majority of independent directors.  Ruey-Jeng Kao has resigned as a director and
the board voted to reduce the number of directors from six to five. The board is
now composed of Gary Burrell, Min Kao and three independent  directors,  Gene M.
Betts, Donald H. Eller and Thomas A. McDonnell.

About Garmin:
Through its  operating  subsidiaries,  Garmin Ltd.  designs,  manufactures,  and
markets navigation,  communications and information  devices,  most of which are
enabled  by GPS  technology.  Garmin is a leader  in the  general  aviation  and
consumer markets and its products serve aviation,  marine,  general  recreation,
automotive,  wireless and OEM  applications.  Garmin Ltd. is incorporated in the
Cayman Islands, and its principal subsidiaries are located in the United States,
Taiwan and United Kingdom.  For more information,  visit the Investor  Relations
site of  Garmin  Ltd.  at  or  contact  the  Investor  Relations
department at 913-397-8200.

Notice on forward-looking statements:
This release includes projections and other forward-looking statements regarding
Garmin Ltd. and its business.  Any  statements  regarding  the company's  future
financial  position,  revenues,  earnings,  product  introductions,   plans  and
objectives  are  forward-looking  statements.  The  forward-looking  events  and
circumstances  discussed in this release may not occur and actual  results could
differ  materially  as a result of risk factors  affecting  Garmin.  Information
concerning  risk factors that could affect  Garmin's actual results is contained
in the Annual Report on Form 10-K for the year ended  December 29, 2001 filed by
Garmin with the  Securities  and  Exchange  Commission  (Commission  file number
0-31983).   A  copy  of  Garmin's  2001  Form  10-K  can  be  downloaded   from.

Source: Garmin Ltd.

Pete Brumbaugh, Garmin Media Relations, 913-397-8200, ext. 1411