Ford overhauls design with 2 key teams

Ford is shaking up its design staff to shorten product development cycles and better define the group's overarching strategy with the formation of two key staffs: one covering cars and crossovers, and another handling trucks, SUVs and commercial vehicles.

UPDATED: July 20 9:00 CET - adds CEO comments

SolarCity co-founder Peter Rive to quit Tesla

Tesla said SolarCity co-founder Peter Rive is leaving the company, eight months after the electric car maker bought the biggest residential solar panel maker.

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