June auto sales are in and SiriusXM is virtually certain to benefit from the numbers. For the first time in 5 years we have a SAAR of 15.9 million, and sales for June were up almost 9% over last year. Many automakers set June sales records, and all together we saw June deliver a sales… → Read More
The audio entertainment space is indeed getting interesting. Aha by HARMAN™ today announced that the new 2014 Mazda3, to be launched in North America and Europe this fall, will offer access to Aha’s free service with the ability to select presets from more than 40,000 stations. Bluetooth connectivity with iPhone and Android phones to the… → Read More
SiriusXM conducted its annual meeting, and while there was nothing earth shattering outlined, the news is positive. The company outlined that it is executing its plans, continuing growth, and on a pace to meet or exceed guidance for 2013. Share buybacks are happening, the auto sector is growing, and the company is making efforts to… → Read More
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Despite headlines that April has delivered the lowest SAAR of 2013, the number of cars sold remains well strong enough to bode well for SiriusXM. April of 2013 saw 100,000 more cars sell than April 2012. In addition, Q2 auto sales are off to a stronger start than the Q1 that delivered 453,000 subscribers. Overall… → Read More
Nissan announced today that the company was slashing prices on 7 out of 18 models. The seven discounted models account for 65% of Nissan’s overall sales. The price discounts range from about $550 on a Nissan Altima to $4,500 on a Nissan Armada. Nissan has stated that the main reason for the price slashing is… → Read More
Before I say anything else, I want to say that SiriusXM posted a solid quarter and continues to move forward with good financials and a business model that will continue to grow. Quarters like this will build this equity to $3.50 and beyond, but it will simply take time to materialize. When we analyze the… → Read More
SiriusXM is stepping up its game by offering one year of satellite service (instead of the typical three months) to customers who purchase a new BMW, Mini, or BMW motorcycle. Not only will customers be treated with a year of gratis service when purchasing any 2013 vehicle equipped with a satellite radio but, they will… → Read More
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It was announced today that the man at the helm of the Board of Directors for SiriusXM will be none other than Greg Maffei, Chief Executive Officer of Liberty Media. In the past the Chair position was held by SiriusXM CEO Mel Karmazin, but was most recently filled by Eddy Hartenstein after Karmazin stepped down…. → Read More
Do people actually listen to golf on the radio? If they in fact do, those people might be interested in knowing SiriusXM will be providing live play by play coverage from Augusta National through the week. Starting April 11th The 2013 Masters will be covered for subscribers on XM (ch. 93) and Sirius Premier (ch.208),… → Read More
Aha Radio has announced that it has added some compelling CBS content to its already robust line-up and in addition will open up its platform to ALL services. The CBS move will include staples such as The CBS Evening News, 60 Minutes, Face the Nation, and The Entertainment Report. The open platform will make it a breeze for Aha… → Read More