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The Indicator from Planet Money

Indicators of the Week: Markets Edition

September 30, 2022 • Sound the alarms because Britain's financial markets are in turmoil. That, plus the upticking 'fear gauge,' and Porsche's vrooming public debut on indicators of the week. Markets edition.

Indicators of the Week: Markets Edition

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Ship carrying thousands of luxury cars sinks in the Atlantic after burning for weeks

Smoke billows from the burning Felicity Ace car-transport ship as seen from a Portuguese navy vessel southeast of the mid-Atlantic Portuguese Azores islands. The large cargo vessel carrying cars from Germany to the U.S. sank in the mid-Atlantic 13 days after a fire broke out on board. Portuguese navy via AP hide caption

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Portuguese navy via AP

Business

Ship carrying thousands of luxury cars sinks in the Atlantic after burning for weeks

March 1, 2022 • The total estimated loss for the cargo, including Porsches, Bentleys, Lamborghinis and Volkswagens, aboard the Felicity Ace is close to $440 million.

A burning cargo ship full of Porsches and VWs is adrift in the mid-Atlantic

In this image posted on the Portuguese navy's website, the Felicity Ace is shown burning on Thursday in the Atlantic Ocean about 90 nautical miles southwest of the island of Faial in the Azores. Marinha Portuguesa hide caption

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Marinha Portuguesa

Business

A burning cargo ship full of Porsches and VWs is adrift in the mid-Atlantic

February 17, 2022 • The Portuguese navy rescued the 22-member crew from the Felicity Ace, which was scheduled to arrive in the port of Davisville, R.I., next week. None of the crew was injured.

Volkswagen, Porsche Paid Out $9.5 Billion To Defrauded Dieselgate Drivers

The logo of German automaker Volkswagen appears on flags fluttering in front of a car dealer in Hamm, Germany, in May. One of VW's many legal settlements over the Dieselgate scandal has finally reached its conclusion, the FTC says. Ina Fassbender/AFP via Getty Images hide caption

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Ina Fassbender/AFP via Getty Images

Business

Volkswagen, Porsche Paid Out $9.5 Billion To Defrauded Dieselgate Drivers

July 27, 2020 • The German automakers have finished compensating U.S. owners as part of a settlement with the Federal Trade Commission. Most drivers chose to replace their vehicles, not repair them, the FTC says.

Missing For 112 Years, First Porsche Is Found In Warehouse

The P1, now known as the "first Porsche." Juergen Skarwan/Porsche.com hide caption

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Juergen Skarwan/Porsche.com

The Two-Way

Missing For 112 Years, First Porsche Is Found In Warehouse

January 29, 2014 • The P1 that Ferdinand Porsche helped develop was an electric vehicle that could chug along at 22 mph. It was discovered in an Austrian warehouse and is going on display at the Porsche museum in Stuttgart, Germany.