Chrysler Capital penetration rate boosts Santander originations | Auto Finance News | Auto Finance News

Chrysler Capital penetration rate boosts Santander originations

Photo by Mike Mozart via Creative Commons

Santander Consumer USA originations hit $31.3 billion for year end 2019, bolstered by the subprime lender’s highest ever annual Chrysler Capital penetration rate, according to the company’s fourth-quarter earnings call. Chrysler Capital’s penetration rate shot up to 32%, with originations totaling $12.8 billion. In 2018, the penetration rate was 30%, an increase from 21% in […]

Get Auto Finance News Premium for as low as $8 per week!

Start your free one week trial today for access to the latest industry news and trends.

Subscribe

Latest Magazine Issue
Sign Up Email List
Big Wheels Auto Finance Data Link