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. Announces 2020 Quarterly Earnings Release Date Modifications
April 6, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) has made modifications to its previously scheduled 2020 Earnings Release Dates. Please note that there has been a change to the Q1 and Q2 reporting dates. The results webcast will be held on the following dates and times: Q1...
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 support,...
Santander Consumer USA Holdings Inc. Announces Final Results of Tender Offer
March 3, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) announced today the final results of its “modified Dutch Auction” tender offer, which expired at 12:00 midnight, Eastern Time at the end of the day on February 27, 2020. Based on the final count by Computershare Trust Company, N.A., the depositary for the tender...
Santander Consumer USA Holdings Inc. Announces Preliminary Results of Tender Offer
February 28, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) announced today the preliminary results of its “modified Dutch Auction” tender offer, which expired at 12:00 midnight, Eastern Time at the end of the day on February 27, 2020. Based on the preliminary count by Computershare Trust Company, N.A., the depositary for the tender...
Santander Consumer USA Holdings Inc. Confirms Tender Offer Terms
February 26, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today provided an update regarding its pending “Modified Dutch Auction” tender offer to purchase up to $1 billion of shares of its common stock which commenced on January 30, 2020 and is scheduled to expire at 12:00 midnight, Eastern Time, on February 27, 2020....
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...