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ALLEN PARK, Mich., Sept. 8 -- Meridian Automotive Systems, Inc. today announced that it has filed a Fourth Amended Plan of Reorganization ("Plan") and Disclosure Statement with the United States Bankruptcy Court for the District of Delaware. A hearing to approve the Disclosure Statement is scheduled for October 10, 2006.

Richard E. Newsted, Meridian's President and CEO, said, "We are pleased to continue the confirmation process with the Bankruptcy Court. The Company's emergence from Chapter 11 pursuant to our Plan with less debt and increased liquidity will generate increased customer, supplier and employee confidence and contribute to our long-term success in the automotive industry."

About Meridian Automotive Systems, Inc.

Meridian Automotive Systems is a leading supplier of technologically advanced front and rear end modules, exterior thermoplastics and composites, lighting and interior systems to automobile and truck manufacturers. Meridian operates 20 plants in the United States, Canada and Mexico, supplying Original Equipment Manufacturers and major Tier One parts suppliers.

This news release contains forward-looking statements based on current assumptions and forecasts made by Meridian Automotive Systems management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future consolidated results, financial situation, development or performance of the company, and the estimates given here. The company assumes no liability to update such forward-looking statements or to adapt to future events or development.

TORRANCE, Calif., July 21 -- Lexus announced today that the RX 350, the top-selling luxury SUV, is now available with a savings of $900 on its most popular option packages. The new RX 350, available as both front-wheel drive (FWD) and all-wheel drive (AWD) models, features a powerful 3.5-liter V6 engine that improves both performance and fuel efficiency. The 2007 models also offer advanced luxury and convenience options and additional refinements for enhanced drivability.

To provide customers a greater opportunity to experience even more customized luxury and comfort, reduced pricing is now available on the following: Premium Package, Premium Plus Package, Navigation System/Mark Levinson Package, Performance Package and Multi-Panel Moonroof Package.

The new pricing on the Premium Package is $1,245 and includes leather-trimmed interior, power tilt/telescoping steering wheel with memory, roof rack with rails, illuminated entry system and one-touch open/close moonroof. The Premium Plus Package is now $2,060 and includes all options from the Premium Package plus High-Intensity Discharge (HID) headlamps with the Adaptive Front lighting System (AFS).

The Navigation System/Mark Levinson(R) Package has been reduced to $6,190. This package adds Lexus' fifth-generation navigation system and the 11-speaker 210-watt Mark Levinson(R) Premium Audio System to the Premium Plus Package's options. The navigation system includes the rear back-up camera, voice activation and Bluetooth(R).

Additional savings are offered on the Performance Package, now priced at $4,055. This builds upon the Premium Plus Package by adding the following: 18" graphite-plated aluminum alloy wheels, air suspension, sequential automatic transmission and rain-sensing wipers.

The Multi-Panel Moonroof Package is now priced at $2,840. This package includes the multi-panel moonroof, leather-trimmed interior, power tilt/telescoping steering wheel with memory, illuminated entry system and HID headlamps with AFS.

Additional options available separately include: Dynamic Laser Cruise Control, roof rack with rails, rear-seat entertainment system, heated front seats with headlamp washers, rain-sensing wipers, HID headlamps with AFS, navigation system, towing package and 18" aluminum alloy wheels.

Produced in Kyushu, Japan, and Cambridge in southern Ontario, Canada, the Manufacturer's Suggested Retail Price (MSRP) of the RX 350 FWD model is $37,400 and $38,800 for the AWD model. The Delivery, Processing and Handling fee is an additional $695.

This will bring the port a step closer its goal of becoming the international shipping centre in Northeast Asia by 2010.

Stung by equipment, staffing and environmental issues, car dealerships are closing their body shops.

Only 40 percent of the more than 21,000 new car dealers have a collision repair shop, down from 70 percent in 1974.

“It’s a business that you either have to be in it seriously or be out of it,” says Paul Taylor, economist for the National Automobile Dealers Association.

For consumers, the pullback in dealer collision repair shops could mean problems in getting wrecked specialty cars repaired, especially the new gas-electric hybrid vehicles.