UPDATE 1-Toyota dealership orders fall 40 pct in Sept - Nikkei

Newswire

Oct 1 (Reuters) - Toyota Motor Corp's domestic dealership orders fell more than 40 percent in September, after the Japanese government stopped accepting applications for its green-car subsidy program, the Nikkei business daily reported. The newspaper said the automaker is likely to see a sales decline in coming months, as the domestic dealership orders are seen as key indicator for new auto registrations. The subsidy program, aimed at encouraging purchases of green vehicles, was stopped ...

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