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Buyers of MY2015 Volvo get 5-year SiriusXM Traffic and Weather subscription

Customers availing of any MY2015 model fitted with the latest generation of Volvo Sensus Connect will be eligible for a four-year subscription to SiriusXM traffic and weather information. SiriusXM Traffic allows drivers to view -- through the Volvo Sensus Connect in-car display -- traffic speed and flow information and to access detailed accident information.

Drivers could also view local and national weather radar maps, receive on-screen weather alerts, storm information and could even access detailed current and 5-day forecasts. The monthly subscription price for SiriusXM Traffic and Weather is $5.98.

Volvo disclosed that customers purchasing a new vehicle equipped with satellite radio will still a six-month subscription to SiriusXM's "All Access" package, including the satellite radio service's premium programming lineup.

Read the entire article Buyers of MY2015 Volvo get 5-year SiriusXM Traffic and Weather subscription

Uconnect offers a year free of Sirium XM Radio for Chrysler vehicles

Drivers and passengers of Chrysler Group’s 2014 vehicles featuring Uconnect infotainment systems equipped with satellite radio could now listen to more than 150 Sirius XM Radio stations for free for a year. According to Sirius XM, the expanded trial features its "most complete programming lineup," which includes every NFL game as well as NASCAR race.

Once the trial ends, a vehicle owner could renew the All Access package for $199 annually. The expanded trial also provides access to Sirius XM Internet Radio, allowing them to listen on Apple iPad, iPhone, iPod touch, Android and other connected devices, Sirius said. The Internet feature can be accessed atsiriusxm.com. 

The package included contents like Howard Stern, Oprah Radio and live play-by-play of every Major League Baseball game. Alan Amici, head of Uconnect, said in a statement that the package is “a great opportunity” for their customers to listen to SiriusXM content delivered via satellite to their vehicle as well as get access to SiriusXM Internet Radio on their smartphones and other connected devices.

Read the entire article Uconnect offers a year free of Sirium XM Radio for Chrysler vehicles

Sirius XM to acquire telematics biz of Agero for $530 million in cash

Sirius XM Radio Inc. has reached an agreement to purchase the connected-vehicle services business of Agero Inc. for $530 million in cash. The purchase means Sirius would have the capability to provide telematics services for vehicles like security, safety and other technologies. The concerned companies are expected to finalize and complete the transaction in the fourth quarter of 2013, Sirius said in a statement.

Sirius currently offers radio and data services in more than 50 million vehicles. Sirius said the acquisition will enable it to provide connected-vehicle services to more carmakers like Acura, BMW, Honda, Hyundai, than any other provider. Sirius chief executive Jim Meyer said in the statement that the deal accelerates the company's "development in architecture supporting connected vehicle services, as well as the ability to provide services over both satellite and cellular networks."

In July, Sirius selected AT&T to provide mobile connectivity for the telematics system it is developing for Nissan Motor Co. in North America. Nissan selected SiriusXM to be its exclusive telematics supplier in September 2012.

Read the entire article Sirius XM to acquire telematics biz of Agero for $530 million in cash

Ford first to offer in-vehicle access to SiriusXM Internet Radio App

Ford Motor Co. is offering in-vehicle access to the SiriusXM Internet Radio App, the first carmaker to do so. The Internet Radio App allows drivers of Sync AppLink-equipped vehicles to gain access to MySXM and SiriusXM On Demand alongside satellite radio. Drivers could control Internet Radio App by just issuing voice commands or through the steering wheel or radio controls.

Sirius said the MySXM enables users to customize several Sirius commercial-free music channels and choose comedy programming. The On Demand feature allows users to access over 300 episodes from the Sirius show catalog. Over a million Ford vehicles with SYNC AppLink can use the SiriusXM Internet Radio App.

To use the new feature, Internet Radio subscribers just need to download the latest version of the application for their iPhone and Android smartphones. Ford’s move to offer such access comes at a time when customers expect their vehicles to complement their digital lifestyles.

Read the entire article Ford first to offer in-vehicle access to SiriusXM Internet Radio App

Due to the accessibility of Internet connections, Pandora Media Inc. is slowly gaining ground and is threatening the sales dominance of Sirius XM Radio Inc. in the U.S. Proving just how valuable the auto industry is to the two companies, their top officials appeared at Las Vegas this week to get in touch with automakers at the annual Consumer Electronics Show.

In about 70% of new vehicles, the satellite radios of Sirius XM are used. It gets most of its revenue from subscriptions and gets only a fraction from advertising dollars. This is a sharp contrast to streaming service Pandora, which gets majority of its revenue from advertising. It also runs a still-small subscription business.

Currently, Sirius XM is much bigger with nearly 24 million subscribers and over $3 billion in annual revenue. It had an average revenue of $12.14 per subscriber in the third quarter. On the other hand, Pandora has 60 million users. Of this number, around 1 million are paid subscribers. It is presently on course to generate $424 million in revenue this year.

Read the entire article Pandora Media threatening the sales dominance of Sirius XM Radio

Sirius XM Radio Inc. has updated its new subscribers forecast for the full year 2012 from the previous prediction of 1.6 million to 1.8 million, prompted by the continued increase in auto sales. In a statement Wednesday, the satellite-radio broadcaster disclosed that it added 445,921 subscribers in the third quarter of 2012, bringing its total customer base to a record 23.4 million.

Sirius chief executive Mel Karmazin said in the statement that the period in review was the best third quarter since Sirius Satellite Radio and XM Satellite Radio merged in 2008. Sirius is also on pace for record annual net additions.

According to Karmazin, Sirius already added nearly 1.5 million net subscribers in the year to September and along with continuing growth in auto sales, the satellite-radio broadcaster will significantly exceed its previous guidance of 1.6 million. Sirius added around 1.7 million customers in 2011.

Read the entire article Sirius XM hikes 2012 new subscribers forecast to 1.8 million

Sirius XM Radio Inc. had passed 50 million factory vehicle installations of its satellite radios, the company said in a statement. The satellite radio provider expects to pass 100 million factory vehicle installations by 2018.  The company added that SiriusXM will be fitted in almost 70 percent of new vehicles sold in the United States in 2012.

Jim Meyer, president of operations and sales at Sirius XM, said that the growing installation rate means that SiriusXM is not only available to most new-car buyers, but also to more used-car buyers. Earlier in August, Sirius XM posted a 14-percent increase in subscribers in the second quarter of 2012, thanks to higher new-vehicle sales.

During the second quarter of 2012, Sirius XM added around 622,000 subscribers, raising its total to 22.9 million. Around 1.02 million people subscribed to Sirius XM in the first six months of 2012.

Read the entire article Sirius XM tops 50 million factory vehicle installations

Sirius XM Radio Inc. posted a 14-percent increase in subscribers in the second quarter of 2012, attributing the surge to higher new-vehicle sales. Sirius XM posted $3.1 billion in net income in the second quarter of 2012, boosted by a $3 billion income tax benefit, compared to $173 million in the same period in 2011.

Sirius XM logged a 13-percent rise in revenues to $837.5 million. At the end of the second quarter 2012, Sirius XM had 22.9 million subscribers, boosted by around 622,000 subscribers during review period, and 1.02 million subscribers during the first half of 2012. According to Sirius XM chief executive Mel Karmazin, around two-thirds of all new vehicles sold in the United States are fitted with a satellite radio and a trial to Sirius, thanks to the company’s long-term deals with carmakers.

Karmazin was also pleased with Sirius XM’s growth in the used-vehicle market. Karmazin said that vehicles relegated to the second-owner market are likely to have a satellite radio. The company’s new-car penetration rate began to increase materially five or six years ago.

Read the entire article Sirius XM attributes 14% rise in subscribers in 2Q to higher new-car sales

Sirius XM Radio Inc. said that customers who purchase a used vehicle from participating Chrysler, Dodge, Jeep and Ram Truck dealerships could qualify for a free, three-month trial subscription to its satellite radio service. Sirius XM’s new offer comes less than a month after it introduced a similar initiative with the participating dealerships of AutoNation Inc. 

These two programs make the free trial subscription available to consumers who purchase a used vehicle that features a factory-installed satellite radio already. In a statement, Sirius said that Chrysler Group will persist in offering new-vehicle buyers with a subscription to Sirius XM.

Dealers may get this program by request. On the Web site of Sirius XM, the company said that it has entered arrangements with all major automakers and that its service is offered on over 800 devices that range from pre-installed and aftermarket radios in cars, trucks and boats to smartphones and mobile devices.

Read the entire article Chrysler used-vehicles now available with Sirius XM Radio trial subscription

Customers who buy a pre-owned vehicle will automatically get a three-month subscription by satellite radio operator Sirius XM Radio Inc. at over 1,000 participating General Motors dealerships throughout the U.S.

The offer applies to all vehicles regardless of the manufacturer. In a statement, Joe Verbrugge, a senior vice president at Sirius XM, said that it’s the first time that participating GM dealers could provide a three-month subscription to Sirius XM for their pre-owned vehicle customers regardless of its brand.

According to Sirius XM, GM dealers will offer the three-month subscription of Sirius XM to those who bought pre-owned Cadillac, Chevrolet, Buick and GMC vehicles that were factory-equipped with satellite radio until the end of this year.

Read the entire article GM to offer a three-month Sirius XM subscription on pre-owned vehicles

The number of subscribers of broadcaster Sirius XM Radio Inc. increased as the auto industry continues to recover after the recession in 2009. The New York-based satellite radio company posted a record 20.6 million subscribers for the first quarter that ended March 31. This stands for a 9% jump compared to the 18.9 million subscribers Sirius XM posted a year ago.

Sirius said that during the first quarter, a net 373,062 subscribers were added. This is a 118% increase over the 171,441 subscribers it recorded for the same period the previous year.

In addition, Sirius XM reported $78.1 million in net income, higher by 88% over the $41.6 million net profit it had in the first quarter of last year.

Read the entire article Sirius XM reported an all-time high 20.6 million subscribers

Sirius XM Radio Inc., which reported 19.8 million customers at the end of the third quarter, told the Federal Communications Commission in a Jan. 20, 2011 filing that the FCC should not extend a price freeze negotiated as part of the 2008 merger that formed the company. Sirius wants to be free to raise its basic monthly subscription from $12.95.

However, Sirius, the New York-based satellite radio broadcaster created by Sirius Satellite Radio Inc.’s purchase of XM Satellite Radio Holdings Inc., did not say in the filing whether it wants to raise rates.

Sirius said in the FCC filing that the company and XM agreed to hold the basic subscription price unchanged for three years after the closing of their merger.

Read the entire article Sirius XM Radio wants to increase its basic monthly subscription from $12.95

In a Jan. 20 filing, Sirius XM Radio Inc., the U.S. satellite radio broadcaster, asked the Federal Communications Commission not to extend a price freeze negotiated as part of the 2008 merger that created the company.

Sirius, which claimed to have 19.8 million customers at the end of the third quarter, said that it wants to be able to increase its basic monthly subscription price from $12.95. Headquartered in New York, Sirius was formed when Sirius Satellite Radio Inc. bought XM Satellite Radio Holdings Inc.

Sirius didn’t actually indicate in the filing whether it wants to raise rates. In the FCC filing, Sirius said that it has agreed with XM to maintain the basic subscription price for three years after the closing of their merger, the anniversary of which falls on July 28.

Read the entire article Sirius XM Radio asks FCC not to extend or modify price rate cap

Sirius XM Radio anticipates that at the end of this year, it will have about 20.1 million subscribers to its pay radio service. This figure is a bit higher than its forecast given only two months ago.

For three straight quarters, Sirius XM has posted profits and its subscribers are steadily increasing. Sirius XM, which carries programs by Howard Stern and Oprah Winfrey as well as Major League Baseball, has previously experienced huge losses and has had to contend with doubts about its business model.

Sirius XM's performance is watched closely in the auto industry because the majority of its new subscribers are tied to new vehicle purchases.

Read the entire article Sirius XM Radio expects to end the year with about 20.1 million subscribers
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