Latest news with #PorschePanamera
CTV News
20 hours ago
- CTV News
Attempted carjacking on Highway 401 leaves one injured
OPP are attempting to identify three suspects who used a blue Honda in an attempted carjacking. (Credit: Ontario Provincial Police) Police are investigating a botched carjacking on Highway 401 last week in which a driver was assaulted. In a post to X, Ontario Provincial Police Const. Taylor Konkle explained that the incident took place at around 9:10 p.m. on July 17 when a blue Honda civic rear ended a Porsche Panamera in the westbound lanes of the highway at Leslie Street. Attempted Carjacking Investigation:#TorontoOPP is investigating an attempted carjacking incident that took place on July 17, 2025, at approx. 9:10 p.m. on #Hwy401 WB Collectors at Leslie St. #Toronto A blue Honda Civic rear-ended a Porsche Panamera in an attempt to steal the… — OPP Highway Safety Division (@OPP_HSD) July 23, 2025 According to police, the Porsche driver pulled over to right shoulder of the road and exited the car following the collision. Investigators say that three suspects then got out of the Honda and one of them assaulted the Porsche driver. The victim retreated on foot and two of the suspects fled in the Honda. The victim then returned to their vehicle while the third suspect fled the scene on foot. Investigators say that the victim only suffered 'minor injuries' in the incident. Police report the third suspect as being last seen in 'a grassy area near Sheppard Avenue.' The OPP has identified the suspects as three men in their mid-teens to early 20s. The suspects were last seen wearing black hoodies and blue surgical masks. Police are requesting anyone with information to contact itsToronto OPP detachment.
Time Business News
14-07-2025
- Automotive
- Time Business News
The Top 5 Luxury Cars You Should Rent for Your Next Road Trip
The thing about road trips is not the destination but rather the journey. Once the open road encounters unrivalled comfort, fashion and performance, every mile is an adventure itself. That's why more travelers are ditching basic rentals in favor of vehicles offered by luxury car rental services. Luxury cars turn the art of driving into a whole new level, with a generous interior space, outstanding technology, and eye-pleasing design. Thanks to platforms like FYV and their easy-to-use luxury car rental app, renting your dream road trip vehicle has never been easier. However, the question is which one is suitable to you when there are so many beautiful ones to choose? So, here is the list of the five superior vehicles that can be taken into consideration as the choice of your next memorable trip. 1. Range Rover Sport- Hagged Elegance The Range Rover Sport vehicle is ideal when you are going off-the-grid or in mountainous roads as it has both tough performance and high-end experience. It boasts adaptive suspension, fine leather seats and easy to use navigation, making it perfect when it comes to couples or families that are not only in need of style but also in utility. 2. Mercedes-Benz S-Class- The Executive Cruiser Long hours of driving between the cities or the gate stops on your way to a business, and you need company to go, then the Mercedes S-Class is the right car to have. It comes with its silky ride quality, the most cosseting interior, and flagship driver-helping technologies. It is like a five star hotel room on wheels. 3. Porsche Panamera- The Place where Power fulfills Precision Once in a while, one needs a street-legit, but civilized vehicle and the Porsche Panamera is it? Its powerful work and sharp management make the most common highway a thrill. It is also good when you are alone in the trip or on a date and you need both speed and stylishness. 4. Cadillac Escalade – First class for the Whole Family Road tripping as a group? The Escalade is a spacious seating, entertainment technology, and conspicuous model. It is a plane that will not leave you lacking the luxury to enjoy space. It is where you go with a family or a group. BMW 7 Series – The Balanced Performer Searching a subtle luxury and top elite engineering? BMW 7 Series is a combination of comfort, speed, and class. It is ideal to the people who like the quiet and elegant ride along with the sufficient level of performance audacity. Nothing Is Easier than Booking Your Luxury Ride All of these vehicles—and many more—are available through top luxury car rental platforms like FYV. Their system allows you to book directly through their website or use their luxury car rental app, which lets you filter vehicles by model, city, occasion, and even driving features. Whether you are going out tomorrow, or you have planned weeks in advance, the app makes travel efficient and personalised, through reservation to your arrival. Assuming you want to spend some time on an unforgettable adventure and take a memorable trip, why not combine part of the story and turn it into a journey? When you rent a luxury car, it does not only alter the means of transportation, but also alters your mind perception. FAQs Q1: Will I be able to rent a luxury vehicle and go long distance in a road trip? Yes, many luxury car rental services allow for extended mileage or even unlimited mileage packages. Before booking, always make a check of the terms. Q2: What luxury car is mountain or countryside ride? One can take the Range Rover Sport or Cadillac Escalade, which is suitable both in terms of comfort with the luxury on a rough road. Q3: Is it cheaper to book through a luxury car rental app? Often, yes. The FYV luxury car rental app offers real-time pricing, exclusive discounts, and last-minute deals. Q4: Is it possible to order some special additions to a road trip? Absolutely. Most luxury car rental platforms, like FYV, allow you to request GPS systems, additional drivers, car seats, and even curated travel experiences. TIME BUSINESS NEWS
Miami Herald
30-06-2025
- Miami Herald
86-year-old stabbed 3 times when he won't give up Porsche keys, OR officials say
A man accused of stabbing an 86-year-old three times while trying to make off with his Porsche is heading to prison, Oregon officials said. Jesus Ascencio-Molina, 31, from Gresham, was ordered to serve 80 months behind bars, or more than six years, after pleading guilty to second-degree robbery and second-degree assault in the incident, the Clackamas County District Attorney's Office said in a June 28 news release. McClatchy News reached out to his attorney June 30 and was awaiting a response. Ascencio-Molina is accused of attacking the older man outside a grocery store on Dec. 27, 2024, prosecutors said. He said he liked the 86-year-old's 2011 Porsche Panamera and asked him two times to hand over the keys, according to prosecutors. The man said no, and Ascencio-Molina 'stabbed him twice in the back and once in the right rib cage,' prosecutors said. Ascencio-Molina fled and was arrested at an apartment complex close by a couple of hours later, according to prosecutors. The 86-year-old was taken to a hospital and survived his injuries. Ascencio-Molina offered the man an apology in court, saying, 'I wasn't thinking straight,' prosecutors said in the release. Gresham is about a 20-mile drive east from Portland.
CNBC
24-06-2025
- Automotive
- CNBC
Getting Trump's full tax break on car loans may mean buying a $130,000 vehicle
Republicans are trying to make good on President Donald Trump's campaign promise to give Americans a tax break on their car loan interest. However, as structured, most households wouldn't get a substantial financial benefit, economists said. House and Senate Republicans proposed giving drivers a tax deduction of up to $10,000 on annual interest for new auto loans in their so-called "One Big Beautiful Bill Act." The tax break would be temporary, ending after 2028. But few drivers pay that much annual interest, said Jonathan Smoke, chief economist at Cox Automotive, an auto market research firm. It's "pretty rare," he said. Auto loans don't have annual interest charges of $10,000 or more outside of large loans on "exotic" vehicles, Smoke said. How large would the loan have to be? It would take a loan of roughly $112,000 to use up the full $10,000 deduction in the first year of car ownership, Smoke said. Only about 1% of new auto loans are this big, according to Cox Automotive data. Cars most likely to see loans of that magnitude include a "laundry list of exotic names" like Rolls-Royce, Ferrari, Bentley, Aston Martin, Lamborghini, McLaren, Porsche, Land Rover, Cadillac, Maserati, Lotus and Mercedes-Benz, Smoke said. Smoke's analysis assumes drivers use the most popular loan length, 72 months at the current new loan average of around 9.5%. It includes a 10% down payment and various fees like taxes and registration. The example implies a vehicle purchase price of about $130,000, he said. Vehicles with an average purchase price near this level include a Porsche Panamera or Cadillac Escalade, he said. Monthly car payments under those loan terms would likely be more than $2,000, Smoke said. More from Personal Finance:The salary Americans say they need to live comfortablyWhy electricity prices are surging for U.S. householdsHouse, Senate tax bills both end many clean energy credits House Republicans included the tax break on auto loan interest in a massive domestic policy bill, the "One Big Beautiful Bill Act," which lawmakers narrowly passed along party lines in May. The Senate may vote on a similar measure as soon as this week. In practice, few if any households would likely claim the full benefit due to an income limitation, experts said. Both versions of the legislation reduce the value of the car loan interest tax deduction once an individual's annual income exceeds $100,000, or $200,000 for married couples filing a joint tax return. Households below those thresholds may qualify for the full tax benefit, but are unlikely to buy an expensive enough car to do so, economists said. Those drivers who might qualify to take on a six-figure car loan are unlikely to maximize the tax break, either. Taxpayers don't get a financial benefit once income exceeds $150,000 (or $250,000 for married couples), according to the Institute on Taxation and Economic Policy, a left-leaning think tank. Qualifying cars must also receive final assembly in the U.S., according to current legislative text, potentially further limiting the potential roster of vehicles. The average car loan so far in 2025 is about $43,000, according to Cox Automotive data. Under Republicans' tax plan, the average buyer would get a tax deduction of about $3,000 in the first year of a six-year loan (and a roughly $2,000 average annual deduction over the loan's life), Smoke said. However, based on the way tax deductions work, this wouldn't mean car buyers get $3,000 in their pocket the first year. That $3,000 would be deducted from the buyer's taxable income. "The math basically says you're talking about [financial] benefit of $500 or less in year one," and a declining value in subsequent years, Smoke said. That's less than the average monthly payment on a new loan, he said.
Yahoo
23-05-2025
- Automotive
- Yahoo
Hikers Discover Porsche Panamera Mysteriously Blocking Trail in the Middle of the Woods
The 21st Century's addition of sedans, station wagons and SUVs to the Porsche lineup have made the cars from Zuffenhausen far more omnipresent than they were back in the days when the company only made two-door speed machines. Still, there are some places where it remains surprising to see one — like, for example, abandoned in the middle of the woods, blocking a hiking trail. Last Monday, a Facebook user named Kayley Clare posted on the Roxborough Rants & Raves Facebook page a picture of a blue Porsche Panamera in the middle of a woody trail in Philadelphia's Wissahickon Valley Park. With that post, the questions — and theories — began to pour in. Was someone trying to hide the car from the repo man? Was it stolen? Was it used in a crime and dumped there? The Philadelphia Inquirer began to investigate, and discovered that despite the bizarre scene, nothing nefarious was going on. According to their reporting, the Panamera's 84-year-old driver made a series of wrong turns on Sunday night and wound up driving roughly a mile deep into the park, ending up on the Orange Trail before stopping and calling for help. Obviously, the man made a big mistake. However, we can't help but be a little bit impressed. According to the Friends of the Wissahickon website, the Orange Trail has an average width of just three feet and a maximum obstacle height of 24 inches. The trail has an 11% grade and is made up of dirt and rock. The car, meanwhile, appears to be a 971-generation Panamera — a capable car for sure, but not the sort of vehicle you'd usually associate with off-roading of any sort, let alone the kind where many Land Rover drivers would hesitate to car was pulled off the trail on Tuesday, and a video of the rescue was shared on The Philadelphia Inquirer's social media channels In the clip, an ATV uses a winch to help pull the car along the trail, giving a sense of just how narrow the path is. The driver is extremely embarrassed over the whole situation, according to the Inquirer. But thankfully, no injuries were reported, and no crime was committed. Now if you'll excuse us, this incident has us daydreaming about a 911 Dakar-style Panamera build... You Might Also Like You Need a Torque Wrench in Your Toolbox Tested: Best Car Interior Cleaners The Man Who Signs Every Car
