www.bbc.co.uk/news/business-60579640
A cargo ship that was carrying thousands of luxury cars has sank off the Portuguese Azores archipelago, nearly two weeks after it caught fire.
The ship, named Felicity Ace, was transporting around 4,000 cars such as Porsches and Bentleys.
Volkswagen said the damage to the vehicles was covered by insurance which could cost around $155m (£116m) according to Reuters.
Bentley confirmed that 189 of its cars were onboard the ship and Porsche said it had about 1,100 of its models onboard.
|
17,000 metric tons of Porsche & VWs going.. new