Wednesday, May 23, 2007

XM and GM Announce Pre-Owned Program

May 23, 2007
Tyler Savery

XM and General Motors Launch Satellite Radio Program for GM Certified Used Vehicles, Cadillac and HUMMER Certified Pre-Owned Vehicles

More Than 115,000 XM-Equipped Certified GM Vehicles Projected To Be Sold in 2007, Increasing to 168,000 for 2008

WASHINGTON, May 23 /PRNewswire-FirstCall/ -- XM (Nasdaq: XMSR - News), the nation's leading satellite radio service, and General Motors Corp. today launched a satellite radio trial program for GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, now making the XM trial program available to buyers of both new and certified used models. XM will be available in more than 115,000 of these certified GM vehicles in 2007, and grow to more than 168,000 vehicles in 2008.

Under this program, all GM Certified Used Vehicles (Chevrolet, Pontiac, Buick, GMC, Oldsmobile models), Cadillac and HUMMER Certified Pre-Owned Vehicles equipped with XM Radio will be available with three trial months of XM service and a waived activation fee. A list of previous model year Chevrolet, Pontiac, Buick, GMC, Oldsmobile, Cadillac and HUMMER vehicles factory-equipped with XM can be found online HERE

GM is the nation's largest automaker and the industry leader in manufacturer-certified used vehicle sales, representing nearly one-third of the volume of all certified used vehicles sold in the U.S. GM Certified Used Vehicles has been the top-selling certified used vehicle brand each of the last five years, according to Autodata Corp.

"GM is XM's largest automotive partner and XM looks forward to providing premier entertainment to this important and growing segment of pre-owned vehicle customers," said Marisa Uchin, director of remarketing and automotive strategy, XM. "Now customers who purchase a certified GM used vehicle from Chevrolet, Pontiac, Buick, GMC, Oldsmobile, Cadillac or HUMMER have the opportunity to conveniently experience XM's 170-plus channels of music, talk, sports and entertainment, adding to the exceptional driving experience customers come to expect when purchasing a certified used vehicle."

"Over the last five years, XM has been featured in millions of GM vehicles," said Paul Pejza, manager, GM Certified Used Vehicles. "It is only natural that we launch this program to provide GM Certified Used Vehicles customers an even more compelling value."

GM Certified Used Vehicles, the number-one selling manufacturer-certified brand, are high-quality, reconditioned vehicles, available at participating Buick, Chevrolet, Pontiac and GMC dealers. All models are six years old or newer, have 60,000 miles or less, are reconditioned to stringent GM Certified Used Vehicles standards and must undergo a rigorous 117-point inspection and reconditioning process. All GM Certified Used Vehicles are supported by a fully transferable 5-year, 100,000-mile powertrain limited warranty with no deductible*, three-month/3,000-mile comprehensive bumper-to-bumper warranty, a three-day/150-mile customer satisfaction guarantee, and 24-hour roadside assistance during the term of the warranty. For more information about GM Certified Used Vehicles, visit www.gmcertified.com.

Cadillac Certified Pre-Owned Vehicles come with a 6-year/100,000-mile powertrain limited warranty; and Hummer Certified Pre-Owned Vehicles come with a bumper to bumper 6-year/100,000 mile warranty. For a previously owned HUMMER to become a Certified Pre-Owned Vehicle it is tested to meet HUMMER's stringent standards and undergoes a rigorous 100+ point inspection. In addition, vehicles must be less than 48 months old, driven fewer than 50,000 miles with no serious accidents or body repairs.

Position - Long XM, No Position GM

5/23/2007 09:12:00 AM

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