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 Technology Stocks : Sirius Satellite Radio (SIRI)


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From: Savant6/12/2012 11:01:46 AM
of 8319
 
Penske Automotive Group to Give Customers a 3-Month SiriusXM Subscription on Any
Pre-Owned Vehicle with Factory-Equipped Satellite Radio

NEW YORK, June 12, 2012 /PRNewswire via COMTEX/ -- Sirius XM Radio (SIRI) and
Penske Automotive Group, Inc. (PAG), an international automotive retailer, today
announced that Penske Automotive customers will get a 3-month SiriusXM
subscription when they purchase any pre-owned vehicle with a factory-equipped
satellite radio. Penske will offer SiriusXM to its pre-owned vehicle customers
through 154 franchises at 119 dealerships located across the United States.

"Penske has offered satellite radio on new vehicle sales through our dealerships
since satellite radio's earliest days," said Rob Kurnick, President, Penske
Automotive Group. "By offering 3 months of SiriusXM programming in our pre-owned
vehicles, we are delighted to introduce even more of our customers to an
innovative service that will greatly enhance their in-vehicle entertainment
experience."

"We are honored that Penske continues to show their strong commitment to
satellite radio by introducing SiriusXM to their pre-owned customers," said Jim
Meyer, President, Operations and Sales, SiriusXM. "Providing a 3-month SiriusXM
subscription is a fantastic benefit to Penske's customers and we look forward to
working with its dealers to seamlessly deliver our critically-acclaimed audio
entertainment at the touch of a button."

Penske customers purchasing pre-owned vehicles with a factory-equipped satellite
radio will have access to commercial-free music, and premier sports, news, talk,
entertainment plus traffic and weather information broadcast by SiriusXM.

For more information on SiriusXM, please visit siriusxm.com. 

About Sirius XM RadioSirius XM Radio Inc. is the world's largest radio
broadcaster measured by revenue and has more than 22 million subscribers.
SiriusXM creates and broadcasts commercial-free music; premier sports talk and
live events; news and comedy; exclusive entertainment; and the most comprehensive
Latin music, sports and talk programming in radio. SiriusXM is available in
vehicles from every major car company in the U.S., from retailers nationwide, and
online at siriusxm.com. SiriusXM programming is also available through the
SiriusXM Internet Radio App for Android, Apple, and BlackBerry smartphones and
other connected devices. SiriusXM also holds a minority interest in SiriusXM
Canada which has more than 2 million subscribers.
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