End of car scrappage scheme drives car registrations to year's high

In November car registrations exceeded the 11,000-unit mark for the first time, amid the scrappage scheme nearing its end in mid-November, according to players on the car market, with both sales and car registrations recording a two-digit rise last month.

"In November there were once again more car registrations, according to players. Everybody was expecting the scheme to end in mid-November, so they rushed to buy the cars in October, and then register them," said Nicolae Sorescu, manager of the auto division of the Rădăcini group, which owns dealers of Opel, Chevrolet, Suzuki, Citroën and Saab. December could see another registration boom, according to car dealers, considering that as of January 1st all new cars sold by dealers will have to comply with Euro 5 standards, with Euro 4 cars being registered and sold second-hand.
The number of new cars registered last month climbed by 35% to nearly 11,500, almost 500 more than the number of cars sold.