• Sirius XM Had A Great Quarter Thanks To New Car Sales

    John Biggs

    Biggs is the East Coast Editor of TechCrunch. Biggs has written for the New York Times, InSync, USA Weekend, Popular Mechanics, Popular Science, Money and a number of other outlets on technology and wristwatches. He is the former editor-in-chief of Gizmodo.com and lives in Bay Ridge, Brooklyn. You can Tweet him here and G+ him here. Email him directly at... → Learn More

    Tuesday, May 3rd, 2011

    Things are looking up all over. Sirius just reported that they had a great quarter thanks to new car sales. They are up 118% new subscribers from Q1 2010 and hit 20 million subscribers, up 2 million from the same period last year.

    Subscriber growth accelerates. Strong auto sales drove net subscriber additions in the first quarter of 2011 to 373,064, up 118% from 171,441 in the first quarter of 2010. Ending subscribers as of March 31, 2011 were 20,564,028, up 9% from the 18,944,199 subscribers reported as of March 31, 2010.

    Clearly the small uptick in buying is improving the outlook for cars and the radios inside them alike.