Final Edition - Today's NADA Auto News Wrap-up - Longer Monthly Payments, Zotye Comming, Nissan Ghosn Pay Investigation, NADA Convocation Blasts Off - Monday January 28, 2019

As vehicle prices and interest rates increase in tandem – creating affordability issues in the process – it leaves many automotive consumers with “one lever”: longer financing terms, says Patrick Manzi, senior economist for the National Automobile Dealers Association.
Source: WardsAuto

Automotive appears poised to win the race to be the first Chinese automaker to sell vehicles in the United States as its lined up 19 dealers to push the company’s first product: an SUV.
Source: The Detroit Bureau

The U.S. Securities and Exchange Commission is investigating Nissan Motor Co. in connection with former Chairman Carlos Ghosn’s pay disclosures, requesting documents from both the car maker and Mr. Ghosn, according to people familiar with the matter.
Source: The Wall Street Journal

Once a year the National Automobile Dealers Association has a big blast at its annual convention — this year in San Francisco, and next year back in Las Vegas. It is a remarkable event that brings together thousands of retailers, suppliers and factory executives to share knowledge and obtain feedback from one another about opportunities and problems facing the industry.
Source: Automotive News