In 2011, the program will run for only one month, from October 3 until November 4. Authorities said the program will be resumed in 2012.
The program will be allotted 5 million lei (about EUR1.15 million) this year.
Under the law, individuals and companies participating in the cash-for-clunkers program receive four vouchers for an electric car, or two vouchers for a hybrid car. The Environment Fund Administration will discount 10% of the price of a hybrid car (but no more than EUR1,800) and 20% of the price of an electric car (no more than EUR3,700) for those that do not participate in the scrappage program but want to buy such a car.
(EUR1=RON4.3533)