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General Motors builds 500,000 XM-equipped vehicles

  • GM reaches half million mark in under two years

Detroit, MI, Aug. 7, 2003 - Today General Motors announced the 500,000th XM Satellite Radio equipped vehicle will roll off the production line in mid-August. GM has been rapidly increasing availability and volume of XM-equipped vehicles since service introduction on two Cadillac models in November 2001.

"Just 21 months ago GM launched a brand new and extremely exciting audio entertainment product, and today it is available on over 40 GM models," says Gary Cowger, president GM North America. "This successful launch represents one of the fastest technology rollouts in GM history, and over the next six months we expect to double our XM volume to one million vehicles."

In the 2003 model year, GM produced nearly 400,000 XM-equipped vehicles for a 15 percent penetration. Orders for XM-equipped vehicles have exceeded expectations and GM has increased its penetration outlook for the 2004 model year to 20 percent.

"XM provides unique and unparalleled news and entertainment programming that complements GM's diverse product portfolio and customer base," states XM CEO and President Hugh Panero. "GM is and will continue to be a vital source and supporter of our growing business."

GM was the first automaker to offer XM Satellite Radio and is the only automotive manufacturer to factory install XM across its vehicle portfolio. GM will continue expanding XM availability as standard vehicle packaging in many 2004 models.

GM reports that nearly all vehicle owners are very satisfied with their XM service and the majority of vehicle owners would strongly or definitely consider purchasing another GM vehicle equipped with XM.

About XM Satellite Radio
XM (NASDAQ: XMSR) is America's #1 satellite radio service. With more than nearly 700,000 subscribers today, XM is on pace to have more than one 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 premier sports, talk, comedy, kids' and entertainment programming. For more information, please visit XM's web site: http://www.xmradio.com.

About GM
General Motors Corp. (NYSE: GM), the world's largest vehicle manufacturer, employs 341,000 people globally in its core automotive business and subsidiaries. Founded in 1908, GM has been the global automotive sales leader since 1931. GM today has manufacturing operations in 32 countries and its vehicles are sold in more than 190 countries. In 2002, GM sold more than 8.6 million cars and trucks, nearly 15 percent of the global vehicle market. GM's global headquarters is at the GM Renaissance Center in Detroit. More information on GM and its products can be found on the company's consumer website at www.gm.com.

GM's automotive brands are Buick, Cadillac, Chevrolet, GMC, Holden, HUMMER, Oldsmobile, Opel, Pontiac, Saab, Saturn and Vauxhall. In some countries, the GM Group distribution network also markets vehicles manufactured by GM Daewoo, Isuzu, Subaru and Suzuki.

GM's OnStar is the industry leader in vehicle safety, security and information services.

2004 General Motors XM Satellite Radio Availability

Buick
LeSabre
Rendezbous
Rainier

Cadillac
DeVille
Seville
Escalade
Escalade EXT
Escalade ESV
SRX
XLR
CTS

Chevrolet
Cavalier
Avalanche
Impala
Monte Carlo
Silverado
Tahoe
Suburban
Malibu
Malibu Maxx
TrailBlazer
TrailBlazer EXT
Colorado
Venture

GMC
Denali
Denali XL
Sierra
Yukon
Yukon XL
Envoy
Envoy XL
Envoy XUV
Canyon

Oldsmobile
Alero

Pontiac
Aztek
Bonneville
Sunfire
Grand Am
Grand Prix
Vibe
Montana

Saturn
ION
VUE


 

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