Press Room

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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’...

2014

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...

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...

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

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

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...

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...