Are high car sales an indicator of prosperity?

Are high car sales an indicator of prosperity?: We know what a success presents the steady growth of American automobiles market, and the most important thing here is that last year auto makers have even set a record by selling more than 17.4 million new cars. Now, the consumer demand is slowly reducing after six consecutive years of rising sales, the industry might be near collapse because of the financial crisis, and car companies are put in pressured situations.

The results for this month are expected to appear on Tuesday, car companies might lose their investors if the sales will be lower than the previous month. We know that strong sales aren't always an indicator of prosperity for a company, but even so there are companies like FCA who are in the middle of scandal because of reporting cheating sales. Last week the company was supposed to recant, because of reporting higher sales for 6 years. Even if the company will prove its justice, we know that there many other brands who will do whatever it takes to have good sales. There are many other companies with high level of fleet sales like: Ford Motor, Hyundai Motor, Kia Motors and Nissan Motor. General Motors has strategically reduced its fleet sales since last year. The largest American car company highlights its increase in retail sales, and decline in rentals each month. GM has surprised analysts by reporting that the company's profit has grown for more than 150% in the second quarter, to $2.9 billion.