Amy Gilroy

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Thank Goodness, On Behalf Of The Car Audio Companies

It’s a poorly kept secret in car audio that most of the leading brands are linked to corporate parents that supply OEM radios to the car companies.    Few of the car audio brands would comment on the record, then, about their reaction to the bail out of General Motors and Chrysler , which received a combined $17.4 billion in emergency loans. But off the record, the relief... More

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Sirius XM Gets Pounded

As General Motors goes, so goes Sirius XM, or at least that’s what Wall Street thinks, as it’s been punishing Sirius XM stock even more than usual.  The stock yesterday was down to 16 cents per share. So what would happen to Sirius XM if General Motors went bankrupt? Analyst Phil Magney of iSuppli said, “If General Motors goes into Chapter 11 and possibly gets... More

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SEMA Met Its Forecasts Despite Slump

A note to depressed car aftermarket suppliers: The 2008 SEMA, (Specialty Equipment Marketing Association) Show actually met its forecasts for an attendance of 100,000, making it the second-largest show in SEMA history, said the SEMA organization.   Maybe those attendees were at your show booth, maybe not, but any sign that an automobile-related business is faring well these days is... More

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Sirius XM Still ‘Challenged’

It got ugly for Sirius XM last week, with the stock falling to 36 cents a share, then climbing back this week to … 48 cents. But analysts said don’t write off the company yet.   David Bank of RBC Capital Markets said Sirius XM is in a “challenging” debt situation. “There are certainly concerns about Sirius’ ability to refinance its debt... More

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Where is Google Taking Navigation?

The future of navigation in Google’s Android phone, first seen in the T-Mobile G1 , has a lot to do with pointing the phone at buildings, restaurants, stores, etc., and getting information about that location.   When it ships on Oct. 22, the G1 will have no turn-by-turn directions, but it will offer GPS and cell ID capability so users can pinpoint a location on a map and... More