American Honda to Equip More than 650,000 Vehicles with XM Satellite Radio for 2007
WASHINGTON, Nov. 30 -- XM Satellite Radio (NASDAQ:XMSR), the nation's leading provider of satellite radio with more than seven million subscribers, today announced that American Honda Motor Co., Inc., one of the world's most successful automotive brands, will factory- install XM in more than 650,000 of its 2007 model year vehicles.
A record number of Honda and Acura brand passenger cars and trucks are arriving at dealer showrooms able to deliver more than 170 channels of XM music, news, sports, talk, traffic, weather and entertainment programming.
Honda was an original strategic partner in the launch of XM, and introduced its first factory-installed XM vehicles in 2003. Honda produced more than 200,000 vehicles with XM in 2004; over 400,000 in 2005; over 550,000 in 2006; and is projecting production of more than 650,000 factory-installed XM units for 2007 model vehicles.
"The rapidly increasing availability and volume of Honda and Acura vehicles with XM Satellite Radio speaks to the attractiveness of XM programming to both new and certified pre-owned car buyers," said Steve Cook, executive vice president, Automotive for XM Satellite Radio. "XM complements the exceptional driving experience Honda and Acura owners have come to expect."
XM Satellite Radio is a factory-installed feature on 2007 Honda models including Motor Trend's 2006 Car of The Year, the Honda Civic, and 2006 Truck of The Year, the Honda Ridgeline. Additional 2007 Honda models that include factory-installed XM are the Honda Accord, Honda Accord Hybrid, Honda CRV, Honda Pilot, Honda Odyssey and Honda Element.
XM is also a standard factory-installed feature on all 2007 Acura models. XM's real time traffic service is also available on an expanded number of Acura models, including the RL, TL, RDX and MDX.
Every Honda and Acura vehicle with factory-installed XM also comes standard with a three-month complimentary subscription to XM's audio service.
About XM Satellite Radio
XM (NASDAQ:XMSR) is America's number one satellite radio company with more than seven million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, Chicago, 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: commercial-free music, premier sports, news, talk radio, 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 is available in 140 different vehicle models for 2006 through partnerships with manufacturers, including Honda. 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/.
FCMN Contact: david.butler@xmradio.com
Source: XM Satellite Radio
CONTACT:
Chance Patterson
+1-202-380-4318
chance.patterson@xmradio.com, or
Marie Farrar
+1-202-380-4151
marie.farrar@xmradio.com, both of XM Satellite Radio
Web site: http://www.xmradio.com/
