The automaker Volkswagen AG is going to pay a hefty bill after a cargo ship carrying thousands of luxury vehicles caught fire near Portugal’s Azores Islands, in the Atlantic Ocean, last week.
Blaze on ship carrying Porsches and Bentleys could cost Volkswagen $155 million
Around 4,000 luxury vehicles, also including Audis and Lamborghinis, were aboard a vessel that is now adrift near the Azores islands in the Atlantic Ocean