Romania's car fleet rejuvenated by two years
Tuesday, March 8, 2011
The Romanian car fleet has been rejuvenated by two years to an average age of 11.5 years down from 13.5 years as per before the Old Car Scrappage Scheme was implemented in 2005, said the Association of Automobile Producers and Importers (APIA) on Monday.The European average of the auto fleet stands at some 8 to 8.5 years old.The Old Car programme is at its sixth edition this year, yet to begin. Some 300,000 ‘ramshackle' vehicles have been scrapped since the start of the ...