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Firefighters are struggling to put out a blaze that broke out last Wednesday on a vessel carrying thousands of luxury cars which is adrift off the coast of Portugal's Azores islands, a port official said, adding it was unclear when they would succeed
Russell Group estimates auto companies other than VW may have lost about $246 million worth of vehicles aboard the Felicity Ace.
The cargo ship that caught fire last week carrying about 4,000 Volkswagen AG vehicles could cost the automaker at least $155 million, according to one...
The Felicity Ace, a massive cargo ship carrying thousands of Volkswagen Group vehicles, caught fire near the Azores islands in the Atlantic Ocean Wednesday afternoon.