NEW YORK, Sept. 25, 2019 /PRNewswire/ -- SiriusXM and
Manheim, which operates the leading wholesale vehicle marketplace,
are teaming up to make activation easier for dealers, demonstrating
the accessibility and benefits of SiriusXM in the pre-owned
vehicles they sell. When dealers purchase SiriusXM-equipped
vehicles sold in-lane at any Manheim U.S. location, they can now
take delivery of vehicles with SiriusXM already activated and
working, at no extra cost to the dealers.
With this arrangement, dealers no longer need to individually
activate radios for vehicles purchased from Manheim locations,
saving them time and effort. This also enables their sales team to
easily and fully showcase the availability of SiriusXM to customers
on the lot and on test drives. Since April, Manheim has activated
more than one million radios.
"This partnership is another way we're freeing up time for
clients to focus on their core business of selling cars," said
Patrick Brennan, senior vice
president, Marketplace, at Manheim. "In-vehicle technology has
become even more important in used vehicle sales, and we want to do
all we can to help dealers get their purchases frontline
ready."
Manheim offers complimentary SiriusXM pre-activation to any of
the more than 37,500 franchise and independent dealers who have
enrolled in the SiriusXM Pre-Owned Program. The SiriusXM
Pre-Owned Program enables dealers to give their customers the
benefit of a three-month subscription to the SiriusXM All Access
package when purchasing any pre-owned vehicle with a
factory-installed SiriusXM radio.
"Manheim is a groundbreaking leader in the industry of buying
and selling used vehicles, and this is an exciting advancement for
the growing number of dealers in our Pre-Owned Program," said
Gail Berger, Vice President, Auto
Remarketing for SiriusXM. "Drivers love having SiriusXM's world
class programming in their vehicles, and dealers appreciate the
added value of being able to give their customers a three-month
subscription to SiriusXM. With Manheim we're making the
SiriusXM activation process easier than ever for dealers and
ensuring that SiriusXM is ready to be experienced at the push of a
button in the cars and trucks they are selling."
Dealers who wish to participate in the SiriusXM Pre-Owned
Program can learn more and enroll by going to
SiriusXMDealerPrograms.com.
SiriusXM All Access is SiriusXM's most extensive offering,
featuring Howard Stern, and
including every NFL, MLB®, and NBA game, every NASCAR® race, plus
NHL® games, PGA TOUR® coverage and live college sports, as
well as SiriusXM's wide variety of commercial-free music, plus talk
programming, comedy and several exclusive online-only channels.
All-Access subscribers also get access to SiriusXM
programming outside the vehicle on the SiriusXM app and online at
siriusxm.com.
About Manheim (www.manheim.com)
Manheim® is North America's leading
provider of end-to-end wholesale solutions that help dealer and
commercial clients increase profits in their used vehicle
operations. Through its physical, mobile and
digital sales network, Manheim offers services for
inventory management, buying and selling, floor planning,
logistics, assurance and reconditioning. With its omni-channel
approach, Manheim Marketplace enables wholesale vehicle
clients more efficient ways to connect and transact
business how and when they want. Approximately 17,000 team
members help Manheim offer 7 million used vehicles annually,
facilitating transactions representing nearly $61
billion in value. Headquartered in Atlanta, Manheim North
America is a Cox Automotive™ brand. For more information,
visit http://press.manheim.com.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the world's largest
audio entertainment company, and the premier programmer and
platform for subscription- and advertising-supported audio
products. With the recent addition of Pandora, the largest
streaming music provider in the U.S., SiriusXM reaches more than
100 million people with its audio products. For more about the new
SiriusXM, please go to: SiriusXM.com.
This communication contains "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such statements include, but are not limited to,
statements about future financial and operating results, our plans,
objectives, expectations and intentions with respect to future
operations, products and services; and other statements identified
by words such as "will likely result," "are expected to," "will
continue," "is anticipated," "estimated," "believe," "intend,"
"plan," "projection," "outlook" or words of similar meaning. Such
forward-looking statements are based upon the current beliefs and
expectations of our management and are inherently subject to
significant business, economic and competitive uncertainties and
contingencies, many of which are difficult to predict and generally
beyond our control. Actual results and the timing of events may
differ materially from the results anticipated in these
forward-looking statements.
The following factors, among others, could cause actual
results and the timing of events to differ materially from the
anticipated results or other expectations expressed in the
forward-looking statements: our substantial competition, which is
likely to increase over time; our ability to attract or increase
the number of subscribers, which is uncertain; our ability to
profitably attract and retain more price-sensitive consumers;
failure to protect the security of personal information about our
customers; interference to our service from wireless operations; a
decline in the effectiveness of our extensive marketing efforts;
consumer protection laws and their enforcement; our failure to
realize benefits of acquisitions or other strategic initiatives,
including the acquisition of Pandora Media, Inc.; unfavorable
outcomes of pending or future litigation; the market for music
rights, which is changing and subject to uncertainties; our
dependence upon the auto industry; general economic conditions;
existing or future government laws and regulations could harm our
business; failure of our satellites would significantly damage our
business; the interruption or failure of our information technology
and communications systems; rapid technological and industry
changes; failure of third parties to perform; our failure to comply
with FCC requirements; modifications to our business plan; our
indebtedness; damage to our studios, networks or other facilities
as a result of terrorism or natural catastrophes; our principal
stockholder has significant influence over our affairs and over
actions requiring stockholder approval and its interests may differ
from interests of other holders of our common stock; impairment of
our business by third-party intellectual property rights; and
changes to our dividend policies which could occur at any time.
Additional factors that could cause our results to differ
materially from those described in the forward-looking statements
can be found in our Annual Report on Form 10-K for the year ended
December 31, 2018, which is filed
with the Securities and Exchange Commission (the \"SEC") and
available at the SEC's Internet site
(http://www.sec.gov). The information set forth
herein speaks only as of the date hereof, and we disclaim any
intention or obligation to update any forward looking statements as
a result of developments occurring after the date of this
communication.
Source: SiriusXM
Media contacts:
SiriusXM:
Andrew FitzPatrick
Andrew.FitzPatrick@SiriusXM.com
Manheim:
Julie Zorn Shipp
Senior Manager, Public Relations
Cox Automotive
404-558-7837
julie.shipp@coxautoinc.com
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SOURCE Sirius XM Holdings Inc.