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2011

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...

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...

Consumers can apply for a loan directly from their mobile device [DALLAS, Texas – Janurary 10, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has released its first free iPhone application for consumers shopping for automobiles. RoadLoans is a leading Internet auto lending program that allows consumers...

2010

[DALLAS, Texas – June 24, 2010] – Santander Consumer USA (“Santander”), an affiliate of Banco Santander, has reached an agreement with Citi to purchase $3.2 billion of CitiFinancial Auto’s auto loan portfolio. In addition, Santander and Citi have entered into an agreement under which Santander will service a portfolio of approximately $7.2 billion of auto...

MADRID – In Santander City the functional is exalted and the fancy eschewed. The bank runs the same way, thanks to Botín’s commitment to banking’s stodgiest virtues: conservatism, patience and the sort of loans that don’t need to be sliced and diced into nonsensical instruments like those that caused the meltdown on Wall Street. Botín...

2009

FORT WORTH, Texas —Digital Recognition Network (DRN), a provider of asset location technology and services, announced that Santander Consumer USA (SC USA) has selected DRN to provide license plate recognition (LPR) technology and services to aid in recovering targeted vehicle assets.

2008

ATLANTA, GA – November 19, 2008 – MagnumTM, a leader in credit data access, analysis and decision applications, announced that Santander Consumer USA Inc. (SC) has selected Magnum’s Service Bureau for its loan scoring and decision management platform. Santander Consumer USA, a leader in automotive finance, was looking for ways to improve its scoring, decision...

[PHILADELPHIA, Oct. 23, 2008] – VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other automotive finance lenders, announced that Dallas-based Drive Financial Services, d/b/a Drive Financial, a nationwide lender with a $6.2 billion non-prime auto portfolio and relationships with approximately 12,000 dealers in all 50...

October 9, 2008 – Spain’s banks appear to be immune to the global financial crisis, and one in particular is even taking advantage of it and buying up banks in trouble. At Banco Santander in the Madrid suburb of Colmenar Viejo, a long line of customers includes senior citizens, a Moroccan immigrant applying for a...

October 1, 2008 -As financial institutions worldwide struggle to stay afloat, Banco Santander (STD) — now the euro zone’s largest bank by market value — is emerging as one of the few winners in the global economic crisis. With no exposure to toxic U.S. subprime assets, a diversified business spread across Europe and the Americas,...

2022

MITSUBISHI MOTORS ANNOUNCES SANTANDER CONSUMER USA

AS NEW PREFERRED FINANCE PARTNER   New partnership is announced as Mitsubishi Motors experiences record-breaking sales success, led by the all-new 2022 Mitsubishi Outlander FRANKLIN, Tenn., and DALLAS, March 10, 2022 – Mitsubishi Motors North America, Inc. (MMNA) and Santander Consumer USA Inc. (SC) today announce a new partnership to provide customer and dealer financing programs...

Santander Consumer USA Invests $35 Million to Bridge the Digital Divide in Communities Across the U.S.

Initiative launches in Dallas, where Santander Consumer and Comp-U-Dopt will improve neighborhood Internet connectivity by providing thousands of households with free high-speed Internet, laptops and digital skills training Santander Consumer USA (“SC”) today announced that it is partnering with technology and community nonprofit Comp-U-Dopt to help bridge the digital divide in several cities in the...

2021

Santander Consumer USA Holdings Inc. Announces Fourth Quarter Dividend

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced its Board of Directors declared a quarterly cash dividend of $0.22 per share of common stock to shareholders of record as of November 29, 2021. The dividend will be payable on December 9, 2021. Cautionary Note Regarding Forward-Looking Statements This press release...

Santander Consumer USA Holdings Inc. Reports Third Quarter 2021 Results

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

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

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.

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

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

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

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...