Santander US Finds Auto Demand on the Rise as Workers Commute More, Feel Confident in Their Own Finances
BOSTON, April 02, 2025--Santander Holdings USA, Inc. ("Santander US") today announced new survey findings that show a rise in pent-up auto demand as middle-income Americans return to the workplace, with more than four in 10 (42%) having increased the number of days they drive to work over the last year. While 52% delayed buying a vehicle in the last 12 months due to cost, 47% are considering a vehicle purchase in the year ahead, up from 41% in mid-2023. These prospective buyers are feeling a sen