By Lisa Johnston
New products on display at the American International Toy Fair, held in N
PHOENIX — MTX Audio expanded its ThunderForm line of vehicle-specific subwoofer enclosures to include 2011-2013 Scion TC vehicles.
The company said it is the first time in several years that it has introduced a custom-fit ThunderForm enclosure for an import car.
Three configurations will be available: enclosure with 200-watt amp and 10inch sib, enclosure with 10-inch sub, and unloaded enclosure for use with other subs. All install in the trunk on the passenger side. Pricing wasn’t announced.
LoJack Founder Dies
CANTON, MASS. — William Reagan, founder of LoJack and inventor of the world’s first commercially available consumer-targeted stolen-vehicle location and recovery system, passed away July 1 at the age of 78.
Reagan patented the LoJack system in 1979 and in 1986 launched the first LoJack system in Massachusetts.
In the U.S., the system was sold early on through aftermarket retailers and car dealers, but the company later switched to sales only through car dealers.
The system uses a hidden car-mounted transponder and a tracking device operating on a dedicated tracking frequency set aside by the Federal Communications Commission. The tracking device is installed in police cars to track down and recover stolen transponder-equipped cars.
SiriusXM Posts 15% Sub Gain
NEW YORK – The number of net new SiriusXM subscribers grew 15 percent in the second quarter compared to the year-ago period, prompting the satellite-radio broadcaster to raise its full-year net new subscriber forecast to 1.5 million from a previously forecast 1.4 million.
The company attributed the gain in large part to growing new-car sales.
The company’s subscriber base stands at more than 25 million.
The quarter’s gain of 715,000 net new subscribers reversed a slight first-quarter decline.
The full-year forecast of 1.5 million falls short of the company’s 2012 gain of 2 million net new subscribers and 2011’s gain of 1.7 million.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.