American Honda Sells One Millionth Vehicle With Factory-Installed XM Satellite Radio
American Honda Sells One Millionth Vehicle With Factory-Installed XM Satellite Radio
WASHINGTON, May 10 /PRNewswire-FirstCall/ -- XM Satellite Radio, America's number-one satellite radio company with more than 6.5 million subscribers, today announced that American Honda Motor Co. recently sold its one-millionth vehicle with a factory-installed XM Satellite Radio, extending XM's leadership position in the new automobile market.
(Logo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000724/XMSATLOGO )
American Honda is rapidly increasing the availability and volume of Honda and Acura vehicles with XM Satellite Radio. American Honda will equip more than 550,000 of its 2006 model year vehicles with XM. Honda introduced its first factory-installed XM vehicles in 2003.
"American Honda is pleased to join with our strategic partner XM Satellite Radio in celebrating the sale of our one millionth vehicle with factory- installed XM," said John Mendel, senior vice president of automobile operations, American Honda Motor Co., Inc. "XM provides our customers with an enormous variety of entertainment and information as they travel from coast to coast, and XM NavTraffic is critical to our advanced navigation capabilities."
"Honda is one of the world's most successful automakers, and our partnership with American Honda is a fundamental part of XM's success. This milestone underscores how XM is the leading provider of satellite radio for the automobile industry, as well as the market leader in satellite radio overall," said Hugh Panero, president and CEO, XM Satellite Radio.
XM is a factory-installed feature on the 2006 models of Motor Trend's Car of the Year Honda Civic and Truck of the Year Honda Ridgeline, as well as other Honda models, including Pilot, Accord, Accord Hybrid, Odyssey, and Element. In addition, XM is standard, factory-installed equipment on all Acura RL, TL, TSX and MDX models. Acura recently announced that XM will also be a factory-installed standard feature of the all-new 2007 Acura RDX Sport Utility Vehicle.
In addition to offering XM in a broad range of Honda and Acura vehicles, Acura was the first automaker to offer XM NavTraffic, the award-winning traffic data service that provides real-time traffic information for vehicle navigation systems, in the RL luxury performance sedan. XM NavTraffic is a factory-installed feature of all 2006 Acura RL vehicles, and it will also be available on the all-new 2007 Acura RDX this summer.
About XM Satellite Radio
XM (NASDAQ:XMSR) is America's number one satellite radio company with more than 6.5 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, the Country Music Hall of Fame in Nashville, Toronto and Montreal, XM's 2006 lineup includes more than 170 digital channels of choice from coast to coast: the most commercial-free music, premier sports, talk, comedy, children's and entertainment programming; and the most advanced traffic and weather information.
XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Toyota, Hyundai, Nissan, Porsche, Suzuki, Subaru, and Volkswagen/Audi, is available in more than 130 different vehicle models for 2006. XM's industry-leading products are available at consumer electronics retailers nationwide. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com/.
Factors that could cause actual results to differ materially from those in the forward-looking statements in this press release include demand for XM Satellite Radio's service, the Company's dependence on technology and third party vendors, its potential need for additional financing, as well as other risks described in XM Satellite Radio Holdings Inc.'s Form 10-Q filed with the Securities and Exchange Commission on 11-7-05. Copies of the filing are available upon request from XM Radio's Investor Relations Department.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000724/XMSATLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
Source: XM Satellite Radio
CONTACT: Chance Patterson of XM Satellite Radio, +1-202-380-4318,
chance.patterson@xmradio.com
Web site: http://www.xmradio.com/
-------
Profile: intent
0 Comments:
Post a Comment
<< Home