Santander now working with INEOS Automotive in US
One of Santander’s flourishing relationships with an automaker in Europe now is coming to fruition in the United States.
Santander Consumer USA announced a new, exclusive multi-year agreement in the U.S. with INEOS Automotive that will enable the finance company to serve as INEOS Automotive’s preferred provider of automobile financial services in the United States.
According to a news release distributed last week, SCUSA will support INEOS Automotive as it launches its flagship vehicle, the Grenadier, by providing nationwide installment contract and lease options.
The Grenadier is a premium, four-wheel drive. off-road vehicle that will be available in the U.S. during the fourth quarter.
“Our new relationship with INEOS Automotive is emblematic of the focus we place on forging partnerships with high-quality automotive companies and providing the best possible service to our dealer partners so that it’s easier for them to offer quality financing, generate more sales through reduced rates, and qualify customers across all credit levels,” said Betty Jotanovic, president of Chrysler Capital and auto relationships at Santander Consumer.
“We are excited to add INEOS Automotive to our U.S. portfolio of clients and look forward to assisting in the introduction and financing of Grenadiers in the coming months,” Jotanovic added.
This new agreement builds on Santander Group’s existing auto financing relationship with INEOS Automotive in the U.K., Germany, France, Italy, Spain and Austria.
Greg Clark is executive vice president for the Americas at INEOS Automotive.
“As a premium vehicle brand, INEOS Automotive sought a best-in-class financing partner to provide retail and lease sales in the U.S., while providing a superior customer and loyalty experience. We are excited to expand our relationship with a leader in auto finance and look forward to a long and successful partnership,” Clark said.