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Automakers

VW faces multimillions in losses from ship fire

Smoking coming from Felicity Ace ship carrying VW Group models
(Reuters)
B
By:
Bloomberg
February 21, 2022 06:46 PM

The cargo ship that caught fire last week carrying about 4,000 Volkswagen Group vehicles could cost the automaker at least $155 million, according to one consultant's estimate.

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