Romania ‘Cash For Clunkers’ Program Doubles Car Registrations In April

Romanian new car registrations more than doubled to 8,875 units in April from 4,027 units a month earlier, boosted by the government-funded cash for clunkers program, the Automotive Manufacturers and Importers Association, or APIA, said ."The (monthly) increase is spectacular, the first of this magnitude in the past years," APIA vice-president Constantin Stroe told MEDIAFAX. "It's the result of the cash-for-clunkers program and it could also be a sign of market revival." On an ...

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