Porsche CEO Oliver Blume has confirmed that the sports car brand lost more than 1000 customer cars when the cargo ship taking them to the US last month caught fire and sank.
The Felicity Ace was transporting around 4000 Volkswagen Group cars from the Emden port in Germany to Davisville, Rhode Island, before a fire started in the hold from an as-yet unknown source. All 22 crew members were safely rescued by the Portuguese Navy.

Join the debate
Add your comment
Had the tooling almost been destroyed for the limited run Lamborghinis? Other than cost - as if there weren't sold at significant mark up anyway - why wouldn't they be able to?
Quite. And surely they/the shipping company had insurance? Not really seeing the story here.
It will be interesting if VW are more keen to salvage and repair these, given the chip shortage and insane new-car demand.
Usually, the car manufacturers are more than delighted to shred the entire cargo, and put in an insurance claim- boosting their sales for the year, whilst removing excess stock. The Cougar Ace that beached itself in 2008, full of undamaged Mazdas. for example. All cars were destroyed, even though most were absolutely fine, or at most had minor panel damage.
Was the fire caused by lithium ion batteries in an EV?
Would you be happy if your Lamborghini was 'rebuilt' after being salvaged? Hmm...