July 28, 2021 Santander Consumer USA is working with AutoFi to transform the automobile financing journey DALLAS – July 27, 2021 Santander Consumer USA Holdings Inc. (“SC”), today announced that it will debut an innovative digital auto finance experience that will streamline and enhance dealer interaction with SC and SC’s customers. The SC solution was developed with AutoFi...
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Santander Consumer USA Partners with Operation HOPE to Provide Financial Wellness Program for Employees
February 5, 2021 DALLAS – Feb. 2, 2021 – Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” and “the Company”), has partnered with Operation HOPE, Inc. to offer HOPE Inside, an award-winning financial wellness program, to all SC employees. HOPE Inside provides a series of financial workshops and one-on-one personal coaching sessions designed to educate and transform thinking...
2020
Santander Consumer USA Foundation Awards $1.65 Million in Charitable Grants to Continue to Support COVID-19-Related Initiatives
November 2, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”), announced today support of 29 nonprofit organizations with a total of $1.65 million in charitable grants from the Santander Consumer USA Inc. Foundation to fund programs in need of continued resources during the COVID-19 pandemic. The grants support organizations in the surrounding communities in which SC operates,...
Santander Consumer USA to add New Office Location in Greater Tampa Bay
October 15, 2020 New Florida office is targeted to open by mid-2021, bringing approximately 850 jobs to the area Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” and “the Company”), announced today that it plans to open a new location in the Suncoast Crossings area of Odessa, FL, in 2021. Located in northwest Pasco County, the facility will...
Santander Consumer USA Foundation Makes $1.3 Million in COVID-19-Related Charitable Grants
May 14, 2020 To address the impact of the COVID-19 pandemic, SantanderConsumerUSA Holdings Inc. (NYSE: SC) (“SC”), announced today that the Santander Consumer USA Inc. Foundation has made charitable grants totaling $1.3 million to 18 nonprofit organizations in the communities in which SC operates. The Foundation was funded by a $3 million donation from SC. The grants are...
Santander Consumer USA and Chrysler Capital respond to Coronavirus impact on customers and communities
March 23, 2020 Santander Consumer USA (“SC”) and Chrysler Capital today announced several initiatives to support customers and colleagues as the spread of Coronavirus (COVID-19) affects our communities. What we are doing for our customers: We are taking proactive steps to assist affected customers who are suffering financial hardship. – Our Customer Assistance Team is providing additional customer...
2019
Santander’s Sandra Broderick Honored as one of the ‘2019 Women in Auto Finance’
November 21, 2019 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or “the Company”), today announced that Sandra Broderick, U.S. Head of Operations and Head of Operations for Santander Consumer USA, has been named one of the “2019 Women in Auto Finance” by Auto Fin Journal, an industry trade magazine for automotive and auto fintech executives. The list...
2018
Santander Consumer Issues Statement on Chrysler Capital
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...
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...
Santander Consumer USA Holdings Inc. Reports Third Quarter 2021 Results
October 27, 2021 Net Income of $763 Million and $7.8 Billion in Originations in the Third Quarter 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the third quarter ended September 30, 2021 (“Q3 2021”) of $763 Million, or $2.49 per diluted common share. The Company’s parent, Santander Holdings USA,...
Santander Consumer USA Announces Chrysler Capital will Serve as Title Sponsor for the Chrysler Minority Dealers Association
September 24, 2021 Santander Consumer USA Holdings Inc. (“SC”) today announced that Chrysler Capital will serve as the title sponsor for the Chrysler Minority Dealers Association (“CMDA”). The five-year annual sponsorship will include several initiatives aimed at outlining and supporting minority dealer trends and building a conduit for the next generation of minority dealers. The Chrysler Minority Dealers...
Marc Womack Named Head of Operations for Santander Consumer USA
September 22, 2021 Santander Consumer USA Holdings Inc. (“SC” or “Santander”) announced that Marc Womack has been named Santander Consumer Head of Operations, effective Oct. 18. Womack will report to Santander Consumer President and CEO Mahesh Aditya, and will be based out of Dallas. Marc succeeds Sandra Broderick, who will retire in early 2022. Womack will lead all...
Santander Consumer USA Holdings Inc. Agrees to Be Taken Private by Santander Holdings USA, Inc.
August 24, 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced that SC and its majority shareholder Santander Holdings USA, Inc. (“SHUSA”) have entered into a definitive agreement whereby SHUSA will acquire SC for $41.50 per share in cash, which represents a total equity value of $12.7 billion. The transaction is expected to...
Santander Consumer USA Holdings Inc. Reports Second Quarter 2021 Results
July 28, 2021 Net Income of $1.1 Billion and $10.5 Billion in Originations in the Second Quarter 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the second quarter ended June 30, 2021 (“Q2 2021”) of $1.1 billion, or $3.45 per diluted common share. The Company has declared a cash...
Santander Consumer USA to Release a New Digital Experience for Automobile Dealers and Consumers
July 27, 2021 Santander Consumer USA is working with AutoFi to transform the automobile financing journey Santander Consumer USA Holdings Inc. (“SC”), today announced that it will debut an innovative digital auto finance experience that will streamline and enhance dealer interaction with SC and SC’s customers. The SC solution was developed with AutoFi Inc. (“AutoFi”), an established digital...
Santander Consumer USA Holdings Inc. Announces Second Quarter 2021 Earnings Release Date
July 26, 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) announces the release date of its second quarter 2021 financial results for Wednesday, July 28, 2021, at 9:00 a.m. Eastern Time. Conference Call Information SC will host a conference call and webcast to discuss its second quarter results and other general matters at 9:00 a.m. Eastern Time...
Santander Consumer USA Holdings Inc. Receives Proposal For Remaining Shares from Santander Holdings USA, Inc.
July 2, 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”), today announced that it has received a non-binding proposal (the “Proposal”) from its majority shareholder, Santander Holdings USA, Inc. (“SHUSA”), to acquire all of the outstanding common shares of SC that are not currently owned by SHUSA. SHUSA has proposed a purchase price of...
Santander Consumer USA Holdings Inc. Announces Second Quarter Dividend
April 30, 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”), today announced that the Board of Directors declared a quarterly cash dividend of $0.22 per share of common stock to shareholders of record as of May 10, 2021. The dividend will be payable on May 20, 2021. Forward-Looking Statements This press release contains forward-looking statements...
Santander Consumer USA Holdings Inc. Reports First Quarter 2021 Results
April 28, 2021 Net Income of $742 Million and $8.6 Billion in Originations in the First Quarter 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the first quarter ended March 31, 2021 (“Q1 2021”) of $742 million, or $2.42 per diluted common share. On April 27, 2021, Santander Holdings...