January 9, 2014 – Dallas, TX – Santander Consumer USA Holdings Inc. 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.
Chrysler Capital is stepping up to the plate and delivering vehicle sales, Chrysler Group and its dealers say. “It’s great to have a captive lender that is truly supporting the mission. We feel we have someone again who is dedicated to helping us sell cars,” says Don Lee, president of Lee Auto Malls, which counts two Dodge-Chrysler-Jeep dealerships among its 20 Maine stores.In August, Chrysler Group’s U.S. sales rose 12 percent to 165,552
DALLAS, May 1, 2013 — Chrysler Capital, the new private-label, full-service lending program of Santander Consumer USA Inc. and Chrysler Group LLC, launched today with a broad spectrum of auto financing services for Chrysler Group customers and dealers. Under a 10-year, private-label agreement announced Feb. 6, 2013, Chrysler Capital operates as a stand-alone company, managed jointly by Santander Consumer USA and Chrysler Group LLC. Chrysler Capital provides Chrysler, Jeep®, Dodge, Ram Truck, SRT and FIAT® customers with competitive retail purchase and lease financing. The new entity, which operates in all 50 states, also provides wholesale financing and related services to Chrysler Group dealers, including lending solutions for dealership construction, real estate, working capital and revolving lines of credit. Chrysler Capital will make it easier for Chrysler Group dealers to compete with other automakers that turn to in-house financial services subsidiaries to help offer credit to customers and more competitive financing alternatives. “With today’s launch of Chrysler Capital, our customers now have access to the most competitive retail purchase and lease financing in the industry at their Chrysler Group dealerships,” said Peter Grady , Vice President of Network Development and Fleet. “Chrysler Capital also is dedicated to providing our customers with the finest, most responsive customer service in the industry.” In addition to providing the services dealers expect from a full-service finance […]