About Santander

 

For more information about Santander Consumer USA Inc. and the Drive® brand, contact Media Relations for assistance. Recent press releases appear below.

 


Drive Financial Services Selects VINtek for Title Management Services
PHILADELPHIA, Oct. 23, 2008 - VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other automotive finance lenders, announced that Dallas-based Drive Financial Services, d/b/a Drive Financial, a nationwide lender with a $6.2 billion non-prime auto portfolio and relationships with approximately 12,000 dealers in all 50 states, selected VINtek as its title management provider. >> more

NPR - Spain's Banco Santander Weathers Crisis
October 9, 2008 -
Spain's banks appear to be immune to the global financial crisis, and one in particular is even taking advantage of it and buying up banks in trouble.

At Banco Santander in the Madrid suburb of Colmenar Viejo, a long line of customers includes senior citizens, a Moroccan immigrant applying for a loan and a local high school teacher, Maria Jesus Escudero.

"We have a lot of confidence in Banco Santander and the way it manages our money," Escudero says. >> View the Entire Article

Business Week - The Rise of Santander
October 1, 2008 -As financial institutions worldwide struggle to stay afloat, Banco Santander (STD)—now the euro zone's largest bank by market value—is emerging as one of the few winners in the global economic crisis. With no exposure to toxic U.S. subprime assets, a diversified business spread across Europe and the Americas, and an estimated $68 billion in capital reserves, the bank, based in the port of Santander on Spain's northern coast, is sailing past troubled rivals. >> View the Entire Article

Special Notice - Disaster Relief Response
DALLAS, TX - September 25, 2008 - Drive Financial Services (d/b/a Drive®) shares in the concern for our customers in Texas and Louisiana who have been impacted by Hurricane Ike. Currently, our service representatives are working with qualified customers on an individual basis to provide disaster relief accommodations in the form of payment deferments and the waiver of various fees. Eligibility and details can be obtained by contacting a service representative at 1.888.222.4227.

Special Finance Insider - Drive Financial - More Important Than Ever in Today’s Economy
DALLAS, TX - August, 2008 -Tom Dundon, CEO of Drive Financial was quoted in December 2006 as having said, "We believe we are poised to become one of the leading companies in our industry." It was a bold statement at a time when subprime finance companies in the automotive space were a dime a dozen. A lot has changed since then, but Drive Financial is still alive and performing well in the automotive sector, which is more than many finance companies can claim today... >> View the Entire Article


Drive Financial Services Expands Presence and Use of Services
in Terremark Datacenters

MIAMI, FL, February 7, 2008 - Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading provider of managed IT infrastructure services, today announced that Drive Financial Services Inc. (formerly Drive Financial Services® LP) has selected Terremark to provide high availability disaster recovery services to the existing managed infrastructure environment that manages their business continuity plans. ... >> more

Drive Financial Embraces Services from netASPx
HERNDON, VA, April 12, 2007 - netASPx, the leading Managed Applications Services provider delivering “Software as a Service” (SaaS) to the Financial Services community is delighted to announce that Drive Financial Services Inc. (a.k.a. Drive Financial Services® and Drive®) has selected netASPx as they continue to embrace the outsourcing model for all of their applications... >> more

Moody's Assigns Ratings to Santander Drive ABS
Dow Jones & Company, Inc. · April 4, 2007
- The following is a press release from Moody's Investors Service: Moody's Assigns Definitive Ratings To Santander Drive Auto Receivables Trust 2007-1 Asset Backed Notes $1.2 Billion of Asset-Backed Securities Rated... >> more

Santander Consumer Completes Acquisition of Drive
DALLAS-Dec. 7, 2006
- Banco Santander Central Hispano SA (STD) completed the previously announced acquisition of Drive® for $636 million in cash. ... >> more

Drive Announces Sale of 90% of Company
DALLAS-Sept. 25, 2006
- The Board of Managers of Drive Financial Services®, LP has announced that Banco Santander Central Hispano, S.A. (“Santander”) has entered into a definitive agreement with HBOS plc (“HBOS”) and selected members of Drive management to acquire a 90% ownership stake in the Company... >> more