XM Satellite extends Toyota pact through 2017

Newswire

CHICAGO, Jan 31 (Reuters) - XM Satellite Radio Holdings Inc. will continue to be the factory-installed satellite radio provider for Toyota and Lexus cars in the United Sates through 2017, the company said on Wednesday. Toyota's annual factory production of XM-equipped vehicles is expected to exceed 1 million by 2010, XM said in announcing the extension of its agreement with Toyota Motor Sales U.S.A. Inc., a unit of Japanese car maker Toyota Motor Corp. .

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