Burnt-Out Ship Carrying 4,000 Vehicles Sinks, Costing VW At Least $155 Million
The cargo ship that caught fire in the Atlantic while transporting roughly 4,000 Volkswagen Group vehicles to the U.S. has sunk despite efforts to tow it to safety. The Felicity Ace sank 220 nautical miles off the coast of Portugal’s Azores Islands around 9 a.m. local time on Tuesday after Read more…





