Santander Consumer USA

Losing Fiat Chrysler would threaten Santander Consumer’s independence


The Dallas auto lender might lose as much as one-third of its business if it severs ties with the automaker, raising fresh questions about whether its parent company will buy out shareholders and take full ownership.


Santander Consumer in talks to sell its share of partnership with Fiat


The subprime lender could lose a big partner now that Fiat Chrysler has officially announced it will form its own auto finance unit, and the two are negotiating an end to their 6-year-old relationship.


Look out Ally, Santander Consumer: Here comes Fiat Chrysler


Fiat Chrysler is expected to announce Friday that it will establish its own captive finance unit in the U.S. The move could be bad news for its lending partners.


Santander Consumer pays $3M to resolve another regulatory matter


The subprime auto lender paid $2.9 million to Connecticut consumers and a $100,000 fine for miscalculating balances owed on repossessed cars and for charging improper fees. It says the settlement is part of an effort to clean up "legacy issues."


Credit losses keep rising at Santander Consumer, but at a slower pace


After reporting its fourth-quarter earnings, the subprime auto lender said it expects the new tax law to enable more car owners to stay current on their loans.


Ex-Santander Consumer CEO nets $700M after ouster


The subprime auto lender late Friday provided the final details of its separation agreement with Thomas Dundon, who stepped down two years ago in a leadership shake-up.


Santander Consumer dives back into subprime auto as others flee


The Dallas consumer lender says it plans to boost subprime originations again after retooling its portfolio and taking stock of the economy.