August 16, 2022

Firefighters Struggle to Douse Fire on Luxury Cars Vessel Off Azores Islands

LISBON—Firefighters are struggling to put out a fire that broke out on Wednesday on a vessel carrying thousands of luxury cars, which is adrift off the coast of Portugal’s Azores islands, a port official said, adding it was unclear when they would succeed. The Felicity Ace ship…

Daimler’s Trucks, Luxury Cars to Go Their Separate Ways

FRANKFURT, Germany—Shareholders in Daimler AG, maker of Mercedes-Benz luxury cars, on Friday approved the spinoff of the company’s truck division, a move intended to let the world’s largest maker of trucks react faster to change and focus on the new low-emission technologies transforming the automotive industry…

Source: