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.


Valeo profit up 20% on LED lights, thermal systems

Valeo's first-half profit rose 20 percent as demand for LED lighting and fuel-efficient engine systems helped sales to outpace global auto markets

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