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Sinkhole fears shut commuter route
Tue, 11 Mar 2014A ROAD in a key transport-link town is to be closed over fears that a sinkhole exists deep under the surface. A hole has appeared in St John's Road in Watford, Hertfordshire, and preliminary investigations carried out last week had to be stopped as there were concerns about undermining the road and footway further. Hertfordshire County Council said: "A geotechnical engineer present during the investigations advised that there is a possibility that a sinkhole exists deep down in the underlying chalk." Following f urther investigations today, the road is being shut until work on it can be completed.
Marchionne says he'll likely step aside from Chrysler in 2015 or 2016
Wed, 03 Aug 2011Chrysler CEO Sergio Marchionne on Wednesday hinted that he will be stepping aside from the helm of the U.S. automaker within five years. During a question-and-answer session at the 2011 Management Briefing Seminars in Traverse City, Mich., the 59-year-old executive said Chrysler's future plans "will be up to the guy after me--after 2015 or maybe a year later….
Fiat CEO confirms he wants alliance with Opel
Fri, 01 May 2009Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel. They are our perfect partner," CEO Sergio Marchionne told Fiat-owned newspaper La Stampa in a story published Friday.