SATWAVES

SIRI: Early March Auto Sales Indicate Big Increase To SAAR

By Brandon Matthews The anticipated recovery in the automotive sector may be underway. This is imperative for Sirius XM Radio (Nasdaq:SIRI), as worries over the projected Seasonally Adjusted Annual Rate (SAAR) halted an exceptional run last month over concerns of weakness in the sector. Most analyst projections assume a SAAR rate of between 10-11 million units. Edmunds.com is reporting that the first eight days of March have brought with it a surprising rise in the SAAR rate of U.S. auto s...

Toyota Gas Pedal Problems Accelerate Sirius XM Sub Growth

By Brandon Matthews It began yesterday with news of a runaway Toyota (NYSE: TM) Prius on a California Highway. As this drama was playing out, Toyota executives were taking a page from the tobacco companies on Capital Hill, by claiming there was no evidence that any such thing had occurred. Subsequently, Sirius XM Radio (Nasdaq: SIRI) shares began to show strength. That strength was magnified today on news that another Toyota gas pedal had stuck, and caused a woman to crash into a stone wall. ...

Sirius XM Auto Numbers: They’re Real, And They’re Spectacular!

By Brandon Matthews The February 2010 auto sales results are in, and if  ''old man winter" slowed auto sales down as reported, it is going to be a great year for Sirius XM Radio (Nasdaq: SIRI). Not only have light vehicle sales surpassed the record lows of last year at this time, there has been a significant sales shift in favor of Sirius XM's most important OEM partners. As we reported previously, Sirius XM has deals with every auto manufacturer, yet there are simply some deals that are more...

Preliminary Auto Data Looks Extremely Positive For Sirius XM

By Brandon Matthews The auto sales results for the month of February are starting to roll in, and despite concerns over weather, the numbers appear to be overwhelmingly positive for Sirius XM Radio (Nasdaq: SIRI). Ford (NYSE:F) reported U.S. light-vehicle sales of 142,285 last month, compared with 99,050 a year earlier. As we had outlined previously, Ford is one of Sirius XM's most important strategic partners when compared to other manufacturers such as Toyota (NYSE: TM). Not only did For...

Satwaves Radio to Interview AutoNation’s Senior Vice President Marc Cannon Tonight, Jan. 13th at 9:00PM EST

by Demian Russian Satwaves is pleased to welcome AutoNation's (NYSE: AN) Senior Vice President Marc Cannon as our special guest on tonight’s Satwaves Radio Show. Mr. Cannon will be discussing the new and used automobile landscape, as well as AutoNation's relationship with Sirius XM (Nasdaq: SIRI). The show can be heard live tonight at 9:00PM Eastern at BlogTalkRadio. AutoNation, Inc. (NYSE: AN) is America's largest Automotive Retailer. Headquartered in Fort Lauderdale, Fla., Auto...