All kidding and paranoia aside, there are many legitimate reasons one might require a GPS tracking device. For example: parents keeping tabs on their teen drivers or rental car services staying on top of their fleet.
The Supreme Court ruled unanimously on Monday, Jan 23, 2012 that a warrant must be obtained by law enforcement in order to track a suspect via GPS device. GPS tracking was found to constitute a "search or seizure within the meaning of the Fourth Amendment," therefore violating a suspect's rights when carried out without a proper search warrant.