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.

Stellantis, whose brands include Opel, Jeep, Ram and Maserati, plans to have full-electric or hybrid versions of all of its vehicles in Europe, as well as its light-duty vehicles in the U.S., by 2025.

The vehicle to be built in Poland will be the first Fiat Chrysler model on a PSA Group platform as part of the Stellantis merger. It will be followed by small models from Alfa Romeo and Fiat.

More than 7,000 workers at the factory in Melfi, southern Italy, will be furloughed for a week. The plant builds the Jeep Compass and Renegade, and the Fiat 500X.

A joint venture that aims to build high-performance electric cars in Italy’s Emilia-Romagna region will benchmark Ferrari and Porsche.

Multiple Alfa Romeo turnaround plans in the last 15 years have not worked. But Stellantis CEO Carlos Tavares said he will find ways to help the brand grow.

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.

Marelli will start production in a former Ford plant in Cologne, near to where the automaker is planning to build a family of mass-market EVs based on VW Group's MEB platform.

PSA shareholders’ 6-to-5 advantage on the new board won’t change soon, as members will serve an initial term of office of at least four years; PSA CEO Carlos Tavares will be appointed for a five-year term as Stellantis CEO.

The SF90 Stradale Spider is Ferrari's first production plug-in hybrid convertible.

John Elkann, head of Fiat Chrysler parent Exor, will be Stellantis chairman, with Robert Peugeot as vice chairman. PSA CEO Carlos Tavares will be a board member.

Maserati says the 621-hp, mid-engine MC20 has a better power-to-weight ratio than competitors from Ferrari and Lamborghini. The coupe variant will be built first, followed by a convertible and a full-electric derivative.

The SF90 Stradale plug-in hybrid was supposed to reach buyers in the first half of 2020, but supply chain issues have pushed that to the fourth quarter. The delay forced Ferrari to downgrade its revenue forecast.

Maserati chose to give the Ghibli a mild hybrid drivetrain rather than a plug-in system because it did not want to jeopardize the sedan's performance.

Michael Cole’s vacated position at Kia Motors America will not be filled. Sean Yoon, president and CEO of Kia Motors North America, will assume Cole's U.S. duties, Kia said in a statement Friday.