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Porsche recalls 74,585 Panamera models worldwide

Volkswagen AG-owned sports car brand Porsche AG issued Dec. 20 a recall of 74,585 Panamera models worldwide to fix a software issue affecting the cars' electric power steering.

Porsche said a software error could make the affected vehicles' electric power steering temporarily unavailable, necessitating increased force for steering. The company will reprogram the associated control unit to solve the problem.