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XM Expands Honda Pact

Satellite radios will be in 650,000 Honda vehicles in the 2007 model year, up from 550,000 in 2006.

XM (XMSR) says Honda (HMC) - Get Honda Motor Co. Ltd. Report will factory-install its radios on 650,000 vehicles in the current 2007 model year, up from 550,000 in 2006.

The XM satellite radios are available as an option on most of Honda's top-selling vehicles, and the feature comes as standard equipment on Acuras, Honda's premium brand.

The increasing popularity of Honda and


(TM) - Get Toyota Motor Corp. Report

cars with U.S. auto buyers has helped offset the declining sales of XM's other big auto partner


(GM) - Get General Motors Company Report


Meanwhile, pay-radio rival

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(SIRI) - Get Sirius XM Holdings, Inc. Report

has had greater success in the retail market, which has helped counter the weaker performance from automakers including


(F) - Get Ford Motor Company Report





XM shares rose 19 cents to $14.26, and Sirius was up 2 cents to $4.17 in pre-market trading Thursday.