It may take rockets to get Sirius XM’s (NASDAQ:SIRI) satellites into space, but it does not take a rocket scientist to know that positive events in the auto sector bode well for the satellite radio provider. Earlier this week I wrote about how timing is everything, and that positive auto sales news combined with good… → Read More
January 2011 presented the largest Seasonally Adjusted Annualized Rate (SAAR) seen in the auto sector for quite some time. While the 819,000 is absolute sales may seem low, it was actually stellar for what is typically the weakest month of the year with a SAAR of 12.5 million. Analysts began to feel safe in projecting… → Read More
According to industry analysts auto production in the U.S. could see a 7% jump in 2011 over that which we saw in 2010. The numbers seem to dictate that roughly 12.6 million cars will be produced for the U.S. market stateside. Production increases as well as the new way auto makers are doing business, bodes… → Read More
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RF Monolithics Inc. (NASDAQ – RFMI) announced today that the company earned $0.01 per share for their Q1 quarter ended November 30th 2011. The penny per share represented income of $160,000. This represents a dramatic turnaround from their Q1 of 2009 when the company carried a loss of a penny. RF Monolithics, a long time… → Read More
Chrysler, one of the longer term Sirius XM OEM partners with substantial satellite radio installations, discussed a possible 2011 IPO and the fact that they are planning to move from 2010 global sales of 1.6 million vehicles to a 25% increase in 2011. This would represent total 2011 sales of about 2 million vehicles. The… → Read More
It was only about a year ago that the very survival of Chrysler and Dodge was a question in everyone’s mind. Sales were down, Daimler Benz sold what was left of the company to private equity and a pre-packaged bankruptcy was in the cards. There were even those that thought that the Big Three would… → Read More
The news that Sirius XM Radio and the NFL came to terms on a new deal was no surprise to anyone. The company had previously announced that the framework of the deal was near complete. The real newsworthy event here is the addition of on-line streaming beginning with the 2011 season. This gives Sirius XM… → Read More
News cars are sporting some great new features, and Kia is not missing a beat by including Sirius Traffic as an optional feature on the 2011 Kia Sportage. Kia is among the brands offering 100% satellite radio installation across all of their models, and with some vehicles even include additional Sirius services such as traffic…. → Read More
The OEM channel has shifted to a leaner model. Auto manufacturers are holding far less inventory than they have in the past. The move is making for better cash flow, and the new model is actually helpful to satellite radio. In the past, with large auto inventories, Sirius XM had a lot of cash showing… → Read More
This past Tuesday SiriusBuzz Radio interviewed Evan Facemeyer, Sales Director, of BettenHausen Chrysler, Dodge, and Jeep. The interview gave many SIRI investors a look into the OEM channel that typically is not offered up in mainstream media. One compelling point in the interview centered around what the penetration of satellite radio was at his dealership…. → Read More