Trend: Auto Sales Seem To be down Across The Board

I was looking through the news and seen some what of a trend.

“Japanese automakers’ China car sales tumbled in August”

https://finance.yahoo.com/news/japanese-automakers-china-car-sales-083033156.html

“Ford’s U.S. sales decline 33% in August as chip shortage devastates auto industry”

https://www.cnbc.com/2021/09/02/fords-us-sales-fall-33percent-as-chip-shortage-devastates-auto-industry.html

“Russia’s August auto sales down 17% y/y”

https://finance.yahoo.com/news/russias-august-auto-sales-down-091513850.html

You get the point. the sales decline is blamed on chip shortages. Auto sales are down. Since this is a trend its probably safe to assume sells will continue to decline or be depressed as long as the chip shortage persist. What does this mean for investors? If sales are down most likely so is revenue. Eventually this will reelect in the stock of those companies. In my opinion generally speaking stock in the auto industry will most likely trend downward. If you’re investing in the auto industry just be aware of the effects of the chip shortage.