Environment Minister Laszlo Borbely said the budget could be subsequently increased, “depending on market evolution.” The Government estimates this year’s scrappage scheme will set off in almost three weeks.
In 2011, the Government earmarked RON456 million for the scrapping of 120,000 old cars. A total of 116.641 old cars were scrapped and almost 40,000 new cars were bought until the end of December 2011, through the cash-for-clunkers program.
Official data indicate over 300,000 cars older than ten years were scrapped over the past two years. In 2010, some 190,000 cars were scrapped and 63,000 cars, including 26,000 made locally, were bought through the scrappage scheme (EUR1=RON4.3514).