Meridian Automotive Systems, Inc. today announced that the Bankruptcy Court has approved its Disclosure Statement and proposed solicitation procedures, thereby allowing the company to enter the final stages of its exit from Chapter 11.

The newly-redesigned Toyota RAV4 emerged as Consumer Reports' top-rated small sport-utility vehicle following tests of six SUVs.

Timken to cut 700 automotive jobs Auto Industry, UK - ... the impact of the further decline in sales, including a workforce reduction of approximately 700 positions, or about 5% of our Automotive Group employment. ...