Santander Originates More Auto Finance Featured

By Staff Writer February 04, 2019 606

Santander Consumer USA Holdings Inc. announced net income for the fourth quarter of $104 million.

Total auto originations for the quarter were $6.9 billion, up 59 percent.

Core retail auto originations were $2.2 billion, up 51 percent.

Chrysler Capital loan originations were $2.5 billion, up 63 percent. Chrysler Capital lease originations were $2.1 billion, up 64 percent.

Net finance and other interest income was $1.1 billion, up 9 percent.

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Last modified on Monday, 04 February 2019 14:09