Santander Consumer USA - Tagged Posts - F&I and Showroom

Character Development

Chris ‘Captain Credit’ Cochran struck gold for Haddad Dealerships with a social media promotion that grew into a standalone special finance department.

Ally Financial Largest U.S. Auto Finance Company, Report Finds

Ally Financial seized on a market buoyed by new loan originations to claim the title of largest auto finance company in the United States in 2010, according to the new Auto Finance Big Wheels annual ranking of car lenders and lessors.

Industry’s Common Denominator Located

The editor weighs in on the industry’s migration toward a new credit scoring system that’s more understanding and a little bit harsher.

Santander Consumer Joins MVTRAC's Vehicle Recovery Network

MVCONNECT LLC’s MVTRAC, a motor vehicle data network provider, has added Santander Consumer USA Inc. to its network of automotive lenders.

Santander Completes Acquisition of HSBC’s Auto Loan Business

HSBC Holdings PLC, a UK-based provider of banking and financial services, has sold its remaining U.S. consumer auto finance business for $3.56 billion in cash to Santander Consumer USA Inc.

VINtek Expands Relationship With Santander Consumer USA

VINtek, a provider of auto finance services and solutions for lenders, announced an agreement to manage vehicle titles for Santander Consumer USA (SC USA) Inc., resulting from SC USA’s acquisition of the indirect auto loan portfolio of Texas-based Triad Financial.

DRN Provides Santander With Asset Recovery Technology

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.

Santander Consumer to Acquire HSBC's Auto Business

HSBC Finance Corporation announced that Santander Consumer USA Inc. will acquire its auto loan servicing business and $1 billion in auto loan receivables for $904 million.