4 posts and columns on car sales

Mel Karmazin’s Wish List: More Satellite Radios, Fewer Journalists

in Media on November 30, 2009 at 1:23 pm PT

A new ad campaign is helping move more radios, says Sirius XM CEO Mel Karmazin, who also has some staffing advice for news organizations.
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Sirius Building iPhone Dock?

in News on August 20, 2009 at 9:25 am PT

Long-suffering Sirius XM investors who’ve held onto the company’s stock despite its troubles are being rewarded for their perseverance. Sirius shares are up over 13 percent today at 68 cents. And they’re up about 26 percent for the week. Why? A few reasons. The government’s “cash for clunkers” program and rumors of new iPod dock.
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Sirius XM: Cash for Clunker

in News on August 6, 2009 at 7:19 am PT

This week has been a good one for Sirius XM Radio. The company’s shares spiked, rising about 20 percent to 54 cents on news of the government’s expanded “Cash for Clunkers” program and the positive impact it should have on new car sales and, by extension, new Sirius subscriptions. That analysts had been predicting a second-quarter loss for the satellite radio company, along with the loss of thousands of subscribers, did little to temper enthusiasm.
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Sirius Subscriber Losses Getting Serious

in News on May 7, 2009 at 7:24 am PT

Good thing Sirius XM Radio resolved the debt issues that threatened to drag it into bankruptcy earlier this year; the company’s clearly got other things to worry about. Like fleeing subscribers. Reporting a first-quarter net loss of $236.6 million this morning, Sirius said that anemic car sales had led to its first-ever decline in net subscriber additions. And it was a nasty decline.
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