Aidan Bush, Author at Auto Finance News

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

U.S. Bank, Updation target mid-month dealer payments launch

U.S. Bank expects its payment integration with dealership technology provider Updation to be operational by mid-November, bringing dealers closer to...

Fed’s Akana to discuss capital markets at Auto Finance Summit 2024

Alloya eyes more credit union participation in auto ABS program

Alloya Corporate Federal Credit Union plans to increase the number of member credit unions participating in its prime auto loan...

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

U.S. Bank, Updation target mid-month dealer payments launch

U.S. Bank expects its payment integration with dealership technology provider Updation to be operational by mid-November, bringing dealers closer to...

Alloya eyes more credit union participation in auto ABS program

Alloya Corporate Federal Credit Union plans to increase the number of member credit unions participating in its prime auto loan...

Byrider’s Mike Onda on buy here, pay here resilience

Buy here, pay here franchise network Byrider wants to return

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

U.S. Bank, Updation target mid-month dealer payments launch

U.S. Bank expects its payment integration with dealership technology provider Updation to be operational by mid-November, bringing dealers closer to...

Alloya eyes more credit union participation in auto ABS program

Alloya Corporate Federal Credit Union plans to increase the number of member credit unions participating in its prime auto loan...

Lender limits, rising monthly payments hurt dealer F&I revenue

Dealers struggled to increase profits from finance and insurance products

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

U.S. Bank, Updation target mid-month dealer payments launch

U.S. Bank expects its payment integration with dealership technology provider Updation to be operational by mid-November, bringing dealers closer to...

Alloya eyes more credit union participation in auto ABS program

Alloya Corporate Federal Credit Union plans to increase the number of member credit unions participating in its prime auto loan...

Democratic wins may bring more regulatory actions, consumer affordability policies

While the Democrat-majorities Congress are unlikely to push new federal

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

U.S. Bank, Updation target mid-month dealer payments launch

U.S. Bank expects its payment integration with dealership technology provider Updation to be operational by mid-November, bringing dealers closer to...

Alloya eyes more credit union participation in auto ABS program

Alloya Corporate Federal Credit Union plans to increase the number of member credit unions participating in its prime auto loan...

Dealers say sales could pick up after elections

Auto dealers say uncertainty brought on from the midterm elections

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

U.S. Bank, Updation target mid-month dealer payments launch

U.S. Bank expects its payment integration with dealership technology provider Updation to be operational by mid-November, bringing dealers closer to...

Alloya eyes more credit union participation in auto ABS program

Alloya Corporate Federal Credit Union plans to increase the number of member credit unions participating in its prime auto loan...

First-party auto fraud losses 16x higher than synthetic, traditional identity theft

First-party auto finance fraud is growing in volume and costing

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

U.S. Bank, Updation target mid-month dealer payments launch

U.S. Bank expects its payment integration with dealership technology provider Updation to be operational by mid-November, bringing dealers closer to...

Alloya eyes more credit union participation in auto ABS program

Alloya Corporate Federal Credit Union plans to increase the number of member credit unions participating in its prime auto loan...

America’s Car-Mart receives shortest extension yet on $892M debt deadline

Buy here, pay here retailer America’s Car-Mart received another extension

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

U.S. Bank, Updation target mid-month dealer payments launch