Consumers looking to purchase a used car through leading auto dealer, AutoNation, will now be offered the added bonus of a three month trial Sirius XM subscription. There are a couple of stipulations, the car must be equipped with a factory installed Sirius XM receiver and the vehicle must be purchased from a “participating AutoNation… → Read More
Sirius XM Radio (NASDAQ:SIRI) and Subaru of America have announced a new deal that will make satellite radio and option on all models and standard on some. Subaru’s highest trim levels of the Legacy and Outback will come standard with Sirius XM. The deal includes a four month promotional subscription for consumers that buy a… → Read More
The fact that satellite radio comes installed in many GM cars is not anything new. GM was among the first car manufacturers to include satellite radio installations and promotional subscriptions in cars, and there are perhaps more GM cars with satellite radios in them than any other brand. The relationship has been good for both… → Read More
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Sirius XM Radio (NASDAQ: SIRI) and Hyundai Motor America announced today they have reached a deal that will give consumers across the United States a 3-month introductory subscription to XM when they purchase Hyundai Certified Pre-Owned vehicles factory equipped with XM satellite radio. “Hyundai drivers have come to expect high quality, reliability and safety across… → Read More
Fiat, the company that has bolstered the Chrysler brand over the past two tears, and may garner an even bigger stake is launching in the United States, and is among the newest partners of Sirius XM in the automotive channel. While news of the Fiats U.S. launch has been subdued, and quiet, the company does… → Read More
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
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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
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