June 1, 2018 Santander Consumer USA and Fiat Chrysler US exploring options for Chrysler Capital Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or “the Company”) is in exploratory discussions with FCA US LLC (“FCA”) regarding plans for FCA’s US operations. Specifically, FCA expressed its desire to establish a captive US auto finance unit in the future, and...
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2018
Santander Consumer USA And AutoGravity Work To Transform The Car-Buying And Financing Journey
May 8, 2018 Santander Consumer USA’s finance offers are now available on the AutoGravity mobile application Santander Consumer USA Holdings Inc. (NYSE: SC) today announced it has reached an agreement with automotive technology leader AutoGravity to streamline and simplify the car-buying process for consumers. Through this agreement, Santander Consumer USA’s indirect finance offers will be available to AutoGravity...
Santander Consumer USA And AutoFi Team Up To Provide Car Buyers And Dealers With Fast And Easy Online Sales And Financing
January 31, 2018 Santander Consumer USA Holdings Inc. (NYSE: SC, or the Company) today announced that it will work with automotive technology leader AutoFi to streamline and simplify the car-buying process for consumers, while giving dealers a robust digital sales channel. AutoFi connects dealers, consumers and lenders to provide a more convenient, efficient and transparent experience when researching...
2017
Santander Consumer USA Holdings Inc. Announces Key Appointments To Leadership Team
October 2, 2017 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) today announced several key changes to SC’s leadership team under new CEO Scott Powell. SC announced that Juan Carlos Alvarez, Corporate Treasurer of Santander Holdings USA, Inc. (SHUSA), is succeeding Ismail (Izzy) Dawood as Chief Financial Officer of Santander Consumer, effective immediately. Dawood, who has been with...
Santander US Provides Relief Efforts Following Hurricane Irma
September 14, 2017 Santander US announced today that the Company and its businesses have taken immediate steps to assist customers affected by Hurricane Irma. As it does when there is a FEMA-designated emergency, Santander US has activated assistance programs to help affected customers living in disaster zip codes identified by FEMA. The Company has also pledged a total...
Santander US Provides Update On Hurricane Harvey Relief Efforts
September 5, 2017 Santander US announced that the Company and its businesses have taken proactive steps to assist customers affected by Hurricane Harvey. Santander US has pledged a total of $100,000 to local charitable organizations assisting with disaster relief, including $75,000 to the Greater Houston Community Foundation Hurricane Harvey Relief Fund, and $25,000 to the American Red Cross....
Scott Powell Appointed President And Chief Executive Officer Of Santander Consumer USA Holdings Inc.
August 28, 2017 The Board of Directors of Santander Consumer USA Holdings Inc. (SC) today announced that Scott Powell will succeed Jason Kulas as President and Chief Executive Officer, effective immediately. Powell will continue to serve as CEO of Santander Holdings USA, Inc. (SHUSA) and as Santander Group’s United States Country Head. After more than a decade of...
2016
Santander Consumer USA Holdings Announces Appointment of William Rainer as Board Chairman
July 12, 2016 Blythe Masters Takes on New Role as Group Senior Advisor on technology and blockchain, joins Santander’s International Advisory Board and is to join the Board of Openbank Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) today announced that William Rainer, a current member of the SC Board of Directors and Chairman of the Audit and Regulatory...
RoadLoans® awarded top 3 in auto customer satisfaction by LendingTree®
June 6, 2016 DALLAS, June 6, 2016 – Online auto lender RoadLoans has been named Top 3 in Auto Customer Satisfaction by LendingTree. RoadLoans provides auto financing and refinancing for consumers who have less-than-perfect credit. With a simple, secure, 100 percent online application, consumers can receive an auto financing decision in seconds. RoadLoans has helped tens of thousands...
2015
RoadLoans Teams with Trustpilot for Independent Customer Reviews and Opportunities for Service
December 16, 2015 DALLAS – Dec. 16, 2015 – Online auto lender RoadLoans has engaged the independent, third party customer reviews community Trustpilot, as it continually seeks to improve its service for RoadLoans customers. Auto loan and refinance customers now have greater opportunities to leave feedback through RoadLoans’ Trustpilot profile page, with review ratings also displayed within RoadLoans’...
Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2019 Results
January 29, 2020 Net Income of $994 Million and More Than $31 Billion in Originations in 2019; Completed $1 Billion Portfolio Acquisition in the Fourth Quarter 2019 Announced Its Intent To Commence a Tender Offer To Purchase Up To $1 Billion of Shares Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income...
Santander Consumer USA Holdings Inc. Announces Intent To Commence Tender Offer To Purchase Up To $1 Billion of its Shares
January 29, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) announced today that it intends to commence a “modified Dutch Auction” tender offer to purchase up to $1 billion of shares of its common stock, at a range of between $23 and $26 per share, or such lesser number of shares of its common...
2019
Santander Consumer USA Holdings Inc. Announces $1.1 Billion Portfolio Acquisition from Gateway One Lending & Finance
December 18, 2019 Includes the acquisition of $1.1 billion and an additional sub-servicing conversion of $0.5 billion of auto loan assets The transaction demonstrates SC is a servicer of choice for auto assets having acquired or converted more than $2.6 billion in auto assets across two transactions since 2018 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or...
Santander Consumer USA Holdings Inc. Announces 2020 Quarterly Earnings Release Dates
November 27, 2019 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) provides schedule for 2020 Quarterly Earnings Release Dates. SC will host conference calls to review quarterly financial results on the following dates: Q4 2019: Wednesday, January 29, 2020 at 9 a.m. Eastern Time; Q1 2020: Wednesday, May 6, 2020 at 9 a.m. Eastern Time; Q2 2020: Wednesday, July...
Santander Consumer USA Holdings Inc. Reports Third Quarter 2019 Results
October 30, 2019 Net Income of $233 million, Driven by Strong Originations of $8.4 billion, Up 11% Versus Q3’18 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the third quarter ended September 30, 2019 (“Q3 2019”) of $233 million, or $0.67 per diluted common share. The Company has declared a...
Santander Consumer USA Holdings Inc. Reports Second Quarter 2019 Results and Key Leadership Appointments
July 24, 2019 Net Income of $368 million and Total Auto Originations of $8.4 billion SC Appoints Fahmi Karam as CFO and Shawn Allgood as Head of Chrysler Capital and Auto Relationships Juan Carlos Alvarez Appointed CFO of Santander US Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced the Boards of Directors of...
Santander Consumer Amends Agreement with FCA US
July 1, 2019 Amendment Solidifies the Chrysler Capital Relationship and Positions SC to Build on Recent Success Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or “the Company”), which does business as Chrysler Capital, today announced it has reached an agreement with FCA US LLC (“FCA”) to amend the Master Private Label Financing Agreement (the “Chrysler Agreement”). Under...
Santander Consumer USA Holdings Inc. Announces Planned Capital Actions
June 28, 2019 Today, Santander Consumer USA Holdings lnc. (NYSE: SC) (the “Company”) announced its planned capital actions for the third quarter of 2019 through the second quarter of 2020, which are included in the 2019 Capital Plan (the “Capital Plan”) of Santander Holdings USA, Inc. (“SHUSA”), the majority stockholder of the Company. The Company’s planned capital actions...
Santander Consumer USA Announces $400 Million Share Repurchase Program During Q2 2019
May 24, 2019 Santander Consumer USA Holdings lnc. (NYSE: SC) (“SC”, “Santander Consumer” or the “Company”) today announced that its board of directors authorized, and the Board of Governors of the Federal Reserve System (“Federal Reserve”) did not object to, the repurchase of up to $400 million of the Company’s common stock as part of an amended 2018...
Santander Consumer USA Holdings Inc. Reports First Quarter 2019 Net Income of $248 million
April 30, 2019 Total Auto Originations of $7.0 Billion Increased 10% YoY; Declares $0.20 Per Share Cash Dividend Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the first quarter ended March 31, 2019 (“Q1 2019”) of $248 million, or $0.70 per diluted common share. The Company has declared a cash...