Press Room

Thank you for viewing both Company and Investor News. Recent press releases by SantanderConsumerUSA.com appear below.


For more information about Santander Consumer USA Inc. contact Media Relations for assistance.

2016

Santander Consumer USA Holdings Announces Appointment of William Rainer as Board Chairman

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®

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

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’...

2014

Heidi Ueberroth Appointed to Santander Consumer USA Holdings Inc. Board of Directors

Ms. Ueberroth serves as the second independent director of Santander Consumer USA Holdings Inc. DALLAS, April 15, 2014 /PRNewswire/ — Santander Consumer USA Holdings Inc. (NYSE: SC) (“SCUSA”) today announced it has appointed Heidi Ueberroth to its Board of Directors, effective immediately. Ms. Ueberroth is the second independent director on SCUSA’s board, and will serve...

Santander Consumer USA Holdings Inc. Announces Pricing of Initial Public Offering

DALLAS – January 23, 2014 – Santander Consumer USA Holdings Inc. (the “Company”), the parent company of Santander Consumer USA Inc., today announced the pricing of its initial public offering of 74,991,470 shares of common stock at a price of $24 per share. The Company’s common stock is expected to begin trading on the New...

Santander Consumer USA Holdings Inc. Commences Initial Public Offering

DALLAS – January 9, 2014 – Santander Consumer USA Holdings Inc. (the “Company”) today announced the commencement of its initial public offering. Certain selling stockholders intend to sell 65,217,391 shares of common stock in the offering. The initial public offering price is currently expected to be between $22.00 and $24.00 per share of common stock....

2013

2012

Roadloans® selected as preferred direct lender for AutoTrader.com

Leading automotive site offers seamless way for shoppers to explore direct-to-consumer financing. [Dallas, TX and Atlanta June 13, 2012] – AutoTrader.com, the ultimate automotive marketplace, has named RoadLoans as its preferred direct lender. Shoppers who are interested in a direct lending option will now have a seamless way to access financing through RoadLoans from the...

2011

RoadLoans.com® mobile loan application for Android™ Smartphones

Consumers can apply for a loan directly from their mobile device; RoadLoans.com is now accessible on iPhone and Android™ devices [DALLAS, Texas – March 10, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has released its second free mobile application for consumers shopping for automobiles – this...

RoadLoans.com® Launches Redesigned Web Site

Streamlined site features more tools for car buyers, including instant loan approval [DALLAS, Texas – February 1, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has launched its next-generation Web site. Designed around the online car shopper, the site features an abundance of online tools to help...

Santander Consumer USA Provides Statement on Settlement with Attorneys General

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”), today issued the following statement regarding its voluntary settlement with 33 states and the District of Columbia, which alleged that auto loans that SC funded through certain automobile dealers dating back to 2010 violated consumer protection laws because of the high risk that certain borrowers would default:...

Santander Consumer USA Holdings Inc. Announces Change to a Virtual Meeting Format for 2020 Annual Meeting of Shareholders

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”, “we” or the “Company”) today announced that due to the public health concerns relating to the coronavirus (COVID-19) pandemic, and to protect the health and safety of its shareholders, employees and other stakeholders, the Company’s 2020 Annual Meeting of Shareholders (the “Annual Meeting”) will be a virtual...

Santander Consumer USA Holdings Inc. Announces Earnings Conference Call Update

Due to Our Conference Call Provider’s Network Outage, SC Has Rescheduled its Conference Call for April 29, 2020 at 8:00 a.m. Eastern Time Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) has rescheduled its earnings call due to a conference call provider network outage. Please see the call details below. Conference Call...

Santander Consumer USA Holdings Inc. Postpones Earnings Conference Call

Due to Vendor Network Outage Conference Call Will Be Delayed Santander Consumer USA Holdings Inc. (NYSE: SC) has postponed its earnings call due to a vendor outage. The conference call will be rescheduled with details to follow as soon as possible. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private...

Santander Consumer USA Holdings Inc. Reports First Quarter 2020 Results

Loss of $4 Million; Nearly $7 Billion in Originations in the First Quarter of 2020  Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the first quarter ended March 31, 2020 (“Q1 2020”) of $(4) million, or $(0.01) per diluted common share. The quarter included $442 million of...

Santander Consumer USA and Chrysler Capital respond to Coronavirus impact on customers and communities

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

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

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

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....