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Free VIN Check, Vehicle History, Used Car History, Automobile - Automobile Dealer, Automobile Club, Automobile Magazine, Automobile Repair, Automobile History, Vehicle Identification Number: Auto News
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Auto News: Meridian Automotive Systems Files an Amended Plan of Reorganization and Disclosu
Meridian Automotive Systems Files an Amended Plan of Reorganization and Disclosure Statement
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.
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Posted by Automobile on Saturday, September 09 @ 16:26:08 CDT (775 reads)
(Read More... | 1867 bytes more | Auto News | Score: 0) |
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Cars: Lexus Announces Pricing on 2007 RX 350 Option Packages
Lexus Announces Pricing on 2007 RX 350 Option Packages
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.
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Posted by Automobile on Saturday, July 22 @ 00:07:23 CDT (915 reads)
(Read More... | 2827 bytes more | Cars | Score: 0) |
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Auto News: NMSDC Names Pepsico and Toyota Motor Manufacturing Corporations Of The Year
NEW YORK, Oct. 22 -- Automobile.org , The National Minority Supplier
Development Council (NMSDC) presented PepsiCo and Toyota Motor Manufacturing
North America, with its prestigious "Corporation of the Year" Award on October
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Posted by Automobile on Sunday, October 24 @ 22:46:14 CDT (2397 reads)
(Read More... | 5072 bytes more | Auto News | Score: 0) |
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Automobile Club: Auto Club Offers Women Car Maintenance Checklist During AAA Car Care Month
LOS ANGELES--(BUSINESS WIRE)--Oct. 1, 2004--The idea of car repairs makes some women uneasy. To boost their car care confidence, the Automobile Club of Southern California has compiled a car maintenance checklist to promote automotive self-reliance.
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Posted by Automobile on Sunday, October 03 @ 21:56:02 CDT (2482 reads)
(Read More... | 3265 bytes more | Automobile Club | Score: 1) |
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Auto News: Increased Gas Prices in California
Gas prices has been increasing for the past few weeks as surveyed by American Automobile Association, higher prices is predicted in the future. The Florida hurricanes have increased wholesale gasoline and crude oil futures prices to near record heights and that could send retail prices soaring over the next couple of weeks.
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Posted by Automobile on Sunday, October 03 @ 21:53:13 CDT (2199 reads)
(Read More... | 1900 bytes more | Auto News | Score: 1) |
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Auto Association: Automobile Association of Singapore, AA head must soldier on
AFTER eight years as president of the 81,000-strong Automobile Association of Singapore (AAS), Mr Gerard Ee wants to call it a day. But he has had to soldier on, as a successor is nowhere in sight.
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Posted by Automobile on Sunday, October 03 @ 21:34:55 CDT (2476 reads)
(Read More... | 3650 bytes more | Auto Association | Score: 0) |
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Auto News: Shanghai Auto IPO is unlikely to Happen in year 2004
BEIJING, Sept. 22 -- Shanghai Automotive Industry Corp.'s (Group) initial public offering is not likely to happen this year, or even next year, said Chen Xianglin, the chairman of the group, Sunday.
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Posted by Automobile on Thursday, September 23 @ 14:02:36 CDT (2206 reads)
(Read More... | 2061 bytes more | Auto News | Score: 0) |
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Auto News: Automobile Palace for sale at £300,000
Councillors in a Mid Wales town are to discuss the future of one of their most glamorous buildings after calls were made for them to buy it for posterity.
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Posted by Automobile on Thursday, September 23 @ 13:55:23 CDT (1815 reads)
(Read More... | 796 bytes more | Auto News | Score: 0) |
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Auto News: United PanAm Financial Corp. Announces $420 Million Securitization of Automobile
United PanAm Financial Corp., a California corporation (the "Company" or "UPFC") (NASDAQ:UPFC), announced the closing of a $420 million offering of automobile receivable backed securities issued via UPFC Auto Receivables Trust 2004-A. The securities have been rated (AAA) by Standard & Poor's and Moody's Investors Service. Deutsche Bank Securities was the sole underwriter for the offering. The surety in the transaction was Ambac Assurance Corporation.
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Posted by Automobile on Thursday, September 23 @ 13:53:15 CDT (1580 reads)
(Read More... | 2258 bytes more | Auto News | Score: 0) |
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