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2006

Santander Consumer Completes $636 Million Acquisition of Drive

DALLAS-Dec. 7, 2006 – Banco Santander Central Hispano SA (STD) completed the previously announced acquisition of Drive® for $636 million in cash. Drive’s business plan and executive management team will remain largely unchanged. Thomas Dundon, President and COO, who retains 10 percent ownership, adds the role of Chief Executive Officer. Drive will continue to originate...

Drive Announces Sale of 90% of Company

DALLAS-Sept. 25, 2006 – The Board of Managers of Drive Financial Services®, LP has announced that Banco Santander Central Hispano, S.A. (“Santander”) has entered into a definitive agreement with HBOS plc (“HBOS”) and selected members of Drive management to acquire a 90% ownership stake in the Company. “The sale represents a logical move for HBOS...

2020

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....

Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2019 Results

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...

2019

Santander Consumer USA Holdings Inc. Announces 2020 Quarterly Earnings Release Dates

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

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...