A Portuguese navy official has said that salvage crews are set to board a blazing ship carrying luxury cars. The Felicity Ace, carrying around 4,000 vehicles including Porsches, Audis and Bentleys, some with lithium-ion batteries, caught fire on Wednesday last week.

Salvage crews set to board blazing ship carrying luxury cars in Atlantic Ocean

Heavy tug boats on Tuesday sprayed water on a burning ship carrying thousands of Porsches and Bentleys adrift off the coast of Portugal's Azores islands, the ship's manager said in a statement.

Tug boats spray water on blazing ship carrying Porsches and Bentleys near Azores

Luxury carmaker Porsche expects another record year for sales despite the global semiconductor chip shortage, its management said that it s confident about 2022 sales.

Porsche expects another record year for sales despite chip shortage

The lawsuit marks the latest chapter in the "dieselgate" saga since Volkswagen admitted in September 2015 to using illegal software to rig diesel engine emissions tests.

Porsche faces US lawsuit over dieselgate scandal

The European Union has handed down more than $1 billion in fines to four major German car manufacturers, saying they colluded to limit the development and rollout of car emission control systems.

World Business Watch: EU fines 4 German carmakers over emission collusion

Porsche said it will invest a high double-digit million euro sum in the joint venture in which it will hold 80%.

Porsche to set up joint venture with German battery maker

Rimac Automobili owner Mate Rimac told that Volkswagen unit Porsche is participating in a financing round, that will see the electric supercar maker raise $157 million-$181 million.

World Business Watch: Report says Porsche to participate in Rimac fund raising

Former Audi boss Rupert Stadler on Wednesday becomes the first to stand trial in Germany over the "dieselgate" emissions scandal, five years after parent company VW admitted responsibility.

Ex-Audi boss to stand trial for 'dieselgate'

More than half the cars produced by Porsche will be electric by 2025, the German manufacturer's North American chief said Tuesday as he set out plans to overtake market leader Tesla.

'Future is electric': Porsche sets out plans to battle Tesla in US

Mercedes-Benz and Porsche are showcasing curvaceous, high-end electric sports cars at the Frankfurt auto show as part of an industry effort to counter Tesla, avert billions in European pollution fines and defuse complaints from climate activists.

Frankfurt Motor Show 2019: Major automakers show EV cars and technologies | WION Wallet

South Korea said Tuesday it would issue fines and file criminal complaints against Volkswagen and its luxury arm, Porsche, for installing "illicit devices" that helped multiple diesel vehicles cheat pollution standards.

South Korea to fine Volkswagen, Porsche over 'illicit' emissions devices

Italian premium sports car maker Ferrari NV will expand sales of easier-driving grand touring cars, but will not try to chase rival Porsche`s annual sales volume, Ferrari Chairman John Elkann told an audience of classic car enthusiasts gathered at this storied golf resort on the Pacific coast.

Ferrari will expand its lineup of road cars, but not too much

Prosecutors have filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated for his role in Volkswagen`s emissions cheating scandal, the public prosecutor`s office in Munich said on Wednesday.

Prosecutors charge former Audi CEO Rupert Stadler over his role in emissions scandal

The iconic German car Volkswagen's Beetle will go out of production today after 82 years in existence after it was first designed by Austrian automotive giant ‎Ferdinand Porsche and presented to Nazi leader Adolf Hitler in 1937.

1937-1919: Iconic Volkswagen Beetle car set to cease production

Luxury sports car maker Porsche is targeting additional volumes in India with an affordable version of its SUV Macan which it aims to drive in the country over the next few months.

Porsche to drive in new-generation Macan in India by July

Sports car maker Porsche said Sunday it would become the first German auto giant to abandon the diesel engine, reacting to parent company Volkswagen's emissions cheating scandal and resulting urban driving bans.

Porsche becomes first German carmaker to abandon diesel engines

A Porsche spokesman said across Europe, some 53,000 Macans fitted with 3.0 litre diesel engines and 6,800 4.2-litre Cayennes were affected by the recall

Germany orders Porsche recall over diesel emissions cheating

'By 2025, we're facing a low single-digit billion euro sum to develop the architecture,' Audi CEO Rupert Stadler told both the Stuttgarter Zeitung and Stuttgarter Nachrichten

Porsche, Audi to develop joint electric car platform to save costs

Carmakers Hyundai and Kia recalled 240,000 cars this week. So who else has recalled their cars this year?

Analysis: Cars recalled worldwide in 2017

The aim is to forge new partnerships, cooperate with venture-capital companies and invest in new companies

Porsche opens digital centre in Silicon Valley

The 718 Cayman and 718 Boxster are priced at Rs 81.63 lakh and Rs 85.53 lakh (ex-showroom Delhi), respectively

Porsche launches 718 Cayman, Boxster cars in India

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