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Associated Press
XM Expands Service With Nissan
Monday January 31, 10:54 am ET
XM Satellite Radio Expands Service With Nissan to Include Data Service
WASHINGTON (AP) -- XM Satellite Radio Holdings Inc. reported Monday that Nissan North America Inc. chose the satellite radio company to provide data and traffic services for its vehicles in an expansion of their current relationship.
The U.S. unit of Nissan Motor Co. offers XM's radio service as an option on all Nissan and Infiniti models. The new service includes in-vehicle messaging and XM NavTraffic, a traffic data and navigation system.
XM currently offers the NavTraffic service in the 2005 Acura RL and the 2005 Cadillac CTS and plans to offer the service as an aftermarket option in the spring.
In morning trading, XM shares rose 16 cents to $31.93 and Nissan American depositary shares rose 3 cents to $21.22 on the Nasdaq.
Watch out Acura, here comes Nissan with live traffic on a NAV screen! I wonder how long this will take to make it through the manufacturing process?
XM Expands Service With Nissan
Monday January 31, 10:54 am ET
XM Satellite Radio Expands Service With Nissan to Include Data Service
WASHINGTON (AP) -- XM Satellite Radio Holdings Inc. reported Monday that Nissan North America Inc. chose the satellite radio company to provide data and traffic services for its vehicles in an expansion of their current relationship.
The U.S. unit of Nissan Motor Co. offers XM's radio service as an option on all Nissan and Infiniti models. The new service includes in-vehicle messaging and XM NavTraffic, a traffic data and navigation system.
XM currently offers the NavTraffic service in the 2005 Acura RL and the 2005 Cadillac CTS and plans to offer the service as an aftermarket option in the spring.
In morning trading, XM shares rose 16 cents to $31.93 and Nissan American depositary shares rose 3 cents to $21.22 on the Nasdaq.
Watch out Acura, here comes Nissan with live traffic on a NAV screen! I wonder how long this will take to make it through the manufacturing process?