Porsche just hit a major speed bump: their profits dropped a jaw-dropping 91% this quarter! If you thought luxury cars were recession-proof, think again. The brand’s struggles in China and the US, plus pricey shifts to electric rides, mean even Porsche is tightening its belt. For car lovers, this could mean fewer flashy launches and maybe even some deals as they try to win back buyers. Time to keep an eye out for those showroom discounts! #Business #EntrepreneurshipStartup #Porsche