Santander drives up Chrysler Capital penetration rate, shuffles leadership | Auto Finance News | Auto Finance News

Santander drives up Chrysler Capital penetration rate, shuffles leadership

  • Nicole Casperson
  • July 24, 2019
  • Earnings

Santander Consumer USA increased its Chrysler Capital quarterly penetration rate as a leadership change will have Shawn Allgood head Chrysler Capital and auto relationships, the company announced in its second-quarter earnings.  Chrysler Capital’s quarterly penetration rate grew to 36%, compared with 32% during the prior-year period. Loans originated by subsidiary Chrysler Capital increased 25% year […]

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