Santander Consumer USA, a leading automobile financial services provider, today announced that it has secured an exclusive multi-year agreement with INEOS Automotive, a British automotive manufacturer. The deal will make Santander Consumer the preferred automobile financial services provider for INEOS Automotive in the United States.
Under the terms of the agreement, Santander Consumer will offer a wide range of financing options to INEOS Automotive customers, including loans, leases, and refinancing. Santander Consumer will also provide INEOS Automotive with dealer support and marketing services.
The agreement is a significant win for Santander Consumer, as INEOS Automotive is a growing player in the automotive industry. INEOS Automotive is best known for its Grenadier, a rugged off-road vehicle scheduled to launch in the United States in late 2023.
“We are excited to partner with INEOS Automotive and to help bring their innovative vehicles to the US market,” said Scott Powell, CEO of Santander Consumer USA. “We believe that our expertise in automobile finance and our commitment to customer service will make us a valuable partner for INEOS Automotive.”
“We are delighted to have Santander Consumer as our preferred automobile financial services provider in the United States,” said Jim Ratcliffe, Chairman of INEOS Automotive. “Santander Consumer has a strong track record of providing its customers with innovative and affordable financing solutions. We are confident that our partnership with Santander Consumer will help us to deliver a great customer experience for our Grenadier buyers.”
The agreement between Santander Consumer and INEOS Automotive is a win-win for both parties. Santander Consumer gains a new customer in a growing automotive manufacturer, while INEOS Automotive gains a partner with expertise in automobile finance and customer service. The agreement will also benefit INEOS Automotive customers, who can access a wide range of financing options for their Grenadier vehicles.
The agreement is also a reminder of the importance of partnerships in the automotive industry. As the industry continues to evolve, automakers and financial services companies are increasingly partnering to provide customers with the best possible experience.
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