Hyundai Adds XM as Standard Feature on All-New Veracruz and Future Premium Sports Sedan
XM (NASDAQ: XMSR), the nation’s leading provider of satellite radio with more than 7.6 million subscribers, today announced its continued expansion as a factory-installed, standard feature across the Hyundai vehicle lineup. New vehicles with standard XM include the all-new Veracruz midsize crossover on sale now and Hyundai’s upcoming premium sports sedan. A concept of the future sports sedan was revealed today at the New York International Auto Show.
XM Radio is already a standard, factory-installed feature on all 2007 Azera, Elantra, Santa Fe and Sonata audio systems.
“Hyundai customers come to expect unique and innovative style and technology, along with performance, comfort and safety across our diverse product portfolio,” said John Krafcik, vice-president of product development and strategic planning, Hyundai Motor America. “The addition of XM Satellite Radio to these models is yet another great feature to enhance the already excellent value offered by all of Hyundai’s vehicles.”
“Hyundai was the first automotive brand to announce plans to make XM Radio standard across the board,” said Steve Cook, executive vice president, Automotive for XM. “The addition of XM’s coast-to-coast programming is another feature to remind Hyundai buyers that they are enjoying one of the best new car values on the market today. By the end of 2007, all Hyundai factory audio systems will feature XM’s 170-plus channels of commercial-free music, news, sports, talk, and entertainment.”
Every Hyundai model equipped with factory-installed XM Radio comes with a three-month trial subscription.
About XM Satellite Radio
XM (NASDAQ: XMSR) is America’s number one satellite radio company with more than 7.6 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 2007 through partnerships with auto manufacturers, including Infiniti. 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/.
Hyundai Motor America
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through 755 dealerships nationwide.
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-K filed with the Securities and Exchange Commission on 3-3-06. Copies of the filing are available upon request from XM Radio’s Investor Relations Department.
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SOURCE: XM Satellite Radio
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