A cargo ship carrying a number of Volkswagen Group vehicles has caught fire near the coast of Portugal's Azores islands.
The 22 crew members on board were evacuated with no-one hurt, the Portuguese Navy said.
The ship was was travelling from Germany to the United States when the fire broke out on Wednesday.
A Porsche spokesperson said about 1,100 Porsche vehicles were on board at the time. Audi confirmed some of its vehicles were also on board but did not say how many.
German newspaper Handelsblatt reported that an internal email from Volkswagen USA stated that the ship was carrying 3,965 vehicles of the VW, Porsche, Audi and Lamborghini brands.
A picture shared by the Portuguese maritime authority on its website showed clouds of smoke billowing from ship.
The vessel, Felicity Ace, was travelling from Emden, Germany — where Volkswagen has a factory — to Davisville, in the US state of Rhode Island, according to the website Marine Traffic.
The fire is active but under control, the captain of the port of Horta on the Azorean island of Faial told Portuguese news agency Lusa on Thursday.
Azorean authorities were not immediately available for comment.
Smoking Tire automotive podcast host Matt Farah wrote on Twitter that he had been contacted by his car dealer, who had told him the Porsche Boxster Spyder he had ordered was "now adrift, possibly on fire, in the middle of the ocean."
Reuters/ABC