Toyota to Offer XM Radio on All-New 2004 Camry Solara Coupe Later This Summer
WASHINGTON, April 23 -- XM Satellite Radio , the nation's leading satellite radio service, will be offered as a dealer-installed option on Toyota's all-new 2004 Camry Solara coupe, which will begin arriving in U.S. showrooms in August. Toyota made this announcement this week at the 2003 New York International Auto Show.
"We're thrilled that Toyota has decided to make XM available on the all- new Camry Solara coupe," said Dan Murphy, XM's Senior Vice President of OEM and Retail Distribution. "The appeal of XM is a perfect fit with Toyota's contemporary and compelling Scion brand and Solara coupe vehicles."
Earlier this year, Toyota announced that XM would be offered on Toyota's new youth-oriented Scion models beginning in June.
About XM Radio
XM is America's #1 satellite radio service. With more than one-half million subscribers today, XM is on pace to have more than 1 million subscribers later this year. Whether in the car, home, office or on the go, XM's loyal listeners enjoy 101 digital channels of choice: 70 music channels (more than 35 of them commercial-free) from hip hop to opera, classical to country, bluegrass to blues; and 31 channels of premiere sports, talk, comedy, children's and entertainment programming.
XM's strategic partners are leaders in the automotive, retail, consumer electronics and media industries. Currently available on 25 of General Motors' 2003 models, XM will be featured on 44 of GM's most popular models by later this year. XM also is now available as a dealer-installed option on the 2003 Honda Accord and Pilot. XM will be a factory-installed feature on the 2004 Acura RL, Acura TL and Honda Accord later this year. In addition to its availability on GM, Honda, Infiniti and Nissan makes and models, XM will be offered on various 2004 model Toyotas, Audis and Volkswagens beginning later this summer.
Consumers also can purchase XM's leading-edge car, home and portable audio receivers, including the critically-acclaimed Delphi XM SKYFi Radio, at Wal- Mart, Best Buy, Circuit City and other major retailers nationwide. XM's strategic investors include General Motors, American Honda Motor Co. Inc., Clear Channel Communications, DIRECTV and The Hearst Corporation.
XM, headquartered in Washington, DC, has more information available at 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 the company's service, the company's dependence on 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 3-31-2003. 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/XMSATLOGOAP Archive: http://photoarchive.ap.org/
PRN Photo Desk, 888-776-6555 or 212-782-2840