Monday, December 04, 2006

XM Canada Signs Distribution Deal With Hyundai

XM Canada and Hyundai Sign Exclusive Multi-Year Distribution Agreement
Top Selling Sonata to Offer XM as Standard Equipmen

TORONTO, Dec. 4 /CNW/ -

XM Canada (TSX: XSR - News), the number one satellite radio service in North America today announced that it has entered into an exclusive multi-year distribution agreement with Hyundai Auto Canada (HAC). The deal will see XM radios factory-installed in several Hyundai models starting with the top selling 2007 Hyundai Sonata, winner of the 2006 AJAC award for "Best New Family Car Under $35,000". The 2007 Hyundai Sonata is the first vehicle in the mid-size segment of the Canadian market to offer satellite radio as standard equipment on all models and XM-equipped Sonatas will begin arriving at Hyundai retailers nationwide later this month...read more: here