The Tonale will have a key role in reviving the flagging fortunes of Alfa Romeo because it will compete in the booming compact crossover segment.

The New Class platform is designed to be fully electric, but also will underpin vehicles with gasoline and diesel internal combustion engines, including plug-in hybrids.

The architecture will have an aerodynamic design aimed at electric vehicles with different proportions than in the past, including a more spacious interior.

The Stellantis CEO said the problem was primarily not labor costs but production costs on FCA models that did not sell in anticipated numbers.

Nvidia's CEO envisions a new order, where autos sell for near cost and manufacturers make their money on software upgrades.

CEO Carlos Tavares will have an unusually large number of direct reports at Stellantis. He says that digital tools developed in the pandemic will make it possible to govern the far-flung group, which will sell cars in more than 130 countries.

FCA CEO Mike Manley could receive nearly $63 million and CFO Richard Palmer $20 million after the merger with PSA closes, provided they remain at Stellantis and meet certain conditions, according to a shareholders' prospectus.

The two automakers own 12 brands between them, some more successful than others, as they prepare to merge into Stellantis.  

The automaker says zero-emissions vehicles will account for a third of its sales in Europe by the end of the decade.

The industrial logic of the deal remains stronger than ever, but COVID-19 has forced the automakers to reduce a payout to FCA shareholders. But there are chances for shareholders of both automakers to recoup some of the cutbacks.

FCA's next generation of small cars will use a platform that underpins cars such as the Peugeot 208 and Opel/Vauxhall Corsa.

The Porsche Taycan won two awards, in the performance and luxury categories. The Kia Telluride crossover was named Car of the Year, and the Kia Soul EV won in the urban category. 

The coronavirus crisis shows that the deal makes more sense than ever. But with sales in free fall and markets on a roller coaster, the most urgent task is for each company to safeguard its own business.

High sticker prices, poor charging infrastructure and range anxiety mean operating an EV is not yet as easy as owning a regular car.

The coronavirus outbreak has revealed another issue: Europe's Internet infrastructures were not designed to handle this much Web traffic.