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Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship

Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The case was brought by half a dozen plaintiffs, including Mitsui OSK Lines Ltd., the ship’s operator, and Allianz SE, one of the insurers of the vessel, according to a spokesman for the tribunal. The plaintiffs claim that the fire originated from the lithium-ion...

Foreign luxury car makers remain bullish on India

by AIP Online Bureau | Jan 24, 2022 | Eco/Invest/Demography, Indian News, Non-Life

Lamborghini, which sells a range of super luxury cars with prices starting from Rs 3.16 crore in India, recorded its best ever sales in the country in 2021, beating its previous best record in 2019 when it sold a total of 52 units. It had sold 37 units in 2020 in the...

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