Santander Consumer USA and three other equity firms are planning to list Santander in the coming months to take advantage of favorable market conditions to sell shares.
Santander will officially become Chrysler Group’s captive lender on May 1. The financial services company will establish a separate business unit dedicated to Chrysler and its dealers.
According to a report from The Wall Street Journal , the Chrysler Group could pen a deal with Banco Santander in the next couple of weeks.
Santander Consumer USA’s title administration responsibilities will transfer to Dealertrack’s Total Title Solution next year, the two companies announced this week.
DriveTime terminated its definitive agreement with Santander and other third-party investors “due to certain unsatisfied conditions.”
DriveTime’s vehicle financing portfolio is expected to be purchased by Santander Consumer USA, while third-party investors are looking to purchase the buy-here, pay-here group’s operations and facilities.
KBB selected RoadLoans.com as its preferred online lending source to provide customers with vehicle financing.
The below-prime finance source is going full spectrum with its announced expansion into the prime tiers.
Finance Express has entered into an agreement with Santander Consumer USA that will make the finance source available on the technology company's lender platform.
Santander Consumer USA announced that Sponsor Auto Finance Holdings Series will invest $1 billion in the company.
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