Acura And XM Are First To Offer Complimentary Satellite Radio Program For Certified Pre-Owned Vehicles
XM Satellite Radio (NASDAQ: XMSR), the nation's leading satellite radio service with more than 7 million subscribers
Acura Certified Pre-Owned Car Buyers Get 3 Months Complimentary XM Service
Washington, DC - XM Satellite Radio (NASDAQ: XMSR), the nation's leading satellite radio service with more than 7 million subscribers, and Acura today announced the first complimentary satellite radio service program for Certified Pre-Owned (CPO) vehicles. Beginning this fall, Acura will offer three months of complimentary XM service on CPO Acura models with factory-installed XM Satellite Radio, including: RL, TL, TSX and MDX. Acura currently inspects, certifies and remarkets more than 35,000 previously-owned vehicles per year, with approximately one-third featuring standard XM Satellite Radio, a rate that will grow over time as XM continues to be offered as standard equipment across Acura models.
"Acura's CPO program will introduce XM Satellite Radio to a new and growing category of customers," said Steve Cook, Executive vice president, Automotive, XM Satellite Radio. "XM's reach will now extend to Acura's pre-owned customers who seek the same high performance standards and quality as they've come to expect with a brand-new Acura."
"Whether they choose to invest in a new or Acura Certified Pre-Owned vehicle, our customers get an ownership experience that is second to none," said Dan Crowe, Automobile Remarketing Manager for Acura. "With the expansion of XM Satellite Radio to our entire 2007 new model line, it's only fitting that we also offer the nation's leading satellite radio service to our Certified Pre-Owned customers."
Every CPO Acura originally equipped with XM Satellite Radio will be available with three months of complimentary XM service and a waived activation fee. All Acura CPO Vehicles also come standard with a Certified Limited Warranty (12 months/12,000 miles) and a 7-year/100,000 mile Powertrain Limited Warranty.
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, 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, 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 through partnerships with General Motors, Honda,Hyundai, Nissan, Porsche, Subaru, Suzuki and Toyota, is available in more than 140 different vehicle models for 2006. XM's industry-leading products are available at consumer electronics retailers nationwide.
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