Buying frenzy leaves Porsche fans waiting for more than a year

With strong demand from customers, Porsche is confident of being able to enact “significant” price increases this summer. PHOTO: REUTERS
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You can call such frenzy buying as “revenge driving”. Car enthusiasts who are keen to splash the cash on a new Porsche 911 sports car will have a hard time getting their hands on one.

If you order one today, it probably won’t be delivered for more than a year because the German company’s order books are overflowing.

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