2011 Press Releases

Westlake Remarketing Releases Q2 – 2011 Top Auctions List - - Published on July 25, 2011

Westlake Remarketing Releases Q2 – 2011 Top Auctions List LOS ANGELES, California – July 25, 2011 – Westlake Financial Services has named their top auctions for Q2-2011. They are: Top Overall Auctions: Norwalk Auto Auction, Manheim NevadaTop Service Auction: ABC BirminghamTop Loyalty Program Auction: Dealers Auto Auction IdahoMost Improved Auction: ADESA Colorado Springs“We continued to …Read More

Westlake Credit Line with Wells Fargo Preferred Capital Increased to $200M - - Published on July 15, 2011

Westlake Credit Line with Wells Fargo Preferred Capital Increased to $200M Los Angeles, CALIFORNIA – June 15, 2011 – Westlake Financial Services recently announced that their credit line with Wells Fargo Preferred Capital has increased from $100 million to $200 million dollars. This is in addition to Westlake’s existing $365 million facility with Wells Fargo …Read More

Westlake Partnership with Marubeni - - Published on July 5, 2011

Westlake Announces Major Partnership with Marubeni LOS ANGELES, California — July 5, 2011 – Westlake Financial Services announces a partnership with Japanese conglomerate Marubeni Corporation. The partnership will result in Marubeni taking a 20 percent ownership stake in Westlake in a deal valued at $250 million dollars in newly issued equity. Marubeni will also gain …Read More