A massive ship transporting thousands of vehicles sank in the Atlantic on Tuesday.
Porsches, Bentleys, Audis, Lamborghinis, and additional Volkswagen-AG brands went down with the ship, according to the Wall Street Journal.
Reports indicate that around 4,000 vehicles were on the huge 650-foot-long ship. The New York Times said that the ship was carrying in excess of 1,000 Porsches.
The 22 crew members were successfully evacuated after the ship Felicity Ace caught on fire last month.
Efforts were being made to tow the vessel when it was swallowed by the Atlantic.
"The ship, apparently stable, has no fires on the outside or inside, although there is a high temperature in the central area, with no smoke in its structure,” the Portuguese navy said on Friday, according to the New York Times. The outlet reported that according to the Portuguese navy, on Tuesday the vessel "lost stability and sank."
“We are already working to replace every car affected by this incident and the first new cars will be built soon,” vice president of PR at Porsche Cars North America, Inc. Angus Fitton noted, according to the Associated Press.