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Delphi Wins Hyundai Satellite Radio Business
Delphi to Supply
Receivers as Hyundai Goes Across the Board in Offering Satellite
Radio
LAS VEGAS - Delphi
Corp. has won a substantial portion of the satellite receiver business
for Hyundai Motor America, company officials announced here today
at the 2006 International Consumer Electronics Show.
Delphi will supply
XM Satellite Radio capable receivers for the Hyundai Santa Fe, Azera
and Elantra. Hyundai is the first automaker to add standard satellite
radio to its full vehicle lineup.
Delphi leads the market
in supplying satellite radio receivers with more than 10 OEM customers.
Delphi provides factory-installed satellite radios to General Motors,
DaimlerChrysler, Ford, Honda, Audi, VW, Porsche, Mercedes, Pana-Pacific,
and various commercial vehicle manufacturers.
The company began production
of its first receivers in 2001 for 2002 model year vehicles. Delphi
has produced more than 8.5 million OEM and aftermarket satellite
radio units.
"Delphi is a major
supplier and promoter of satellite radio technology, and we believe
it will continue to grow at a very fast rate," said Beth Schwarting,
Delphi Electronics & Safety general director of sales and marketing.
"We are very upbeat on the continued popularity of consumers taking
the satellite radio option on new vehicles."
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In less than
20 years, Hyundai has moved into fourth place in overall
sales of import carmakers in the U.S. market. Taking satellite
radio across the board on its models is a forward move for
Hyundai and should significantly increase the total number
of satellite radios in the market, according to Schwarting.
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