Porsche Profits Are in the Tank

Porsche profits dropped a whopping 99% this year. And as usual, this was extremely easy to predict. They already pulled back on the full electrification of the Boxster and Cayman, but add in weakening sales in China, tariffs, and people just plain tired of paying ridiculous ADMs and Porsche had an easy to see plan to fail. Car companies need to fire their bean counters in our opinion. Nissan brings back cool SEMA cars with their 1,000 QX80, but we have to wonder why Nissan is building anything like it when they’re barely operational since their last CEO escaped in a Box. Ferrari proves yet again that with enough oil money they’ll build anything you want. We also ask the question, if you had to keep one car forever, what would you drive? Also, a big shoutout to our friends at Team Velocity for their second place finish in the Rebelle Rally! We love supporting them and are so proud of them. Check them out here! https://team-velocity.com/  The Avants Podcast is brought to you by our friends at STEK USA and Carter Seattle! Not an Avants member? https://www.avants.com/member-plans Leave us a review on Apple Podcasts!  Leave us a voicemail or send us a text any time at 425-298-7873! We're doing give aways! Leave us a review on Apple Podcasts and we'll pick a random name every 25th review!