XM Satellite Radio, looking for ways to differentiate itself from rival Sirius in the hypercompetitive and fast-developing satellite radio business, announced that it is working on a concept that
would show drivers the number of spaces available at a parking lot through a vehicle's onboard navigation system. XM is cooperating with two companies in the development of the technology, which it
announced yesterday at the ITS America World Congress, an auto-industry event, according to Edmunds.com. While no mention was made of advertising opportunities, the so-called Dynamic Parking
Information system, if launched by XM, would ostensibly help it retain its leadership position against a hard-charging Sirius.
Read the whole story at edmunds.com »
