It happened around 7:40 p.m. when police say three people were spotted inside a stolen Kia Soul in the city's Frankford neighborhood.
A chase ensued but officers were able to catch up to the suspects at Broad Street and Belfield Avenue in Logan.
Two suspects were arrested after a brief foot chase.
Police have not provided a description of the third suspect who remains on the run.
Anyone with information is asked to call police at 215-686-TIPS (8477).