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2011 Press Releases

Westlake Tops $1 Billion Milestone, Looks Ahead - - Published on March 16, 2011

Westlake Tops $1 Billion Milestone, Looks Ahead LOS ANGELES, California — March 16, 2011 – Westlake Financial Services announces that as of March 11, their portfolio has reached $1 billion dollars in total receivables, with over 150,000 accounts. The milestone ...Read More

Westlake Announces 2010 Auction of the Year - - Published on February 1, 2011

Westlake Announces 2010 Auction of the Year Los Angeles, CALIFORNIA – February 1, 2011 – Westlake Financial Services announces Manheim Nevada as their Auction Partner of the Year for 2010. Bill Walters, VP of Remarketing, says that “Manheim Nevada has ...Read More

Open Letter to our Dealers - - Published on February 1, 2011

Open Letter to Our Dealers Los Angeles, CALIFORNIA – February 1, 2011 Dear Dealer Partner: Thank you for helping to make Westlake recognized across the industry as a financial leader. We are thankful for your business and helping us grow! ...Read More

DealerCenter Updates Popular Feature - - Published on January 24, 2011

DealerCenter Updates Popular Feature A new DealerCenter feature deployed Tuesday, Jan. 11. It’s called “Maximize All” and is the newest DealerCenter feature that will maximize every applicant entered. The “compare all” tool in the Westlake Buy Program (found on dealercenter.net) ...Read More

Westlake Financial Services Market Commentary: Sub-Prime Vehicle Segment - - Published on January 11, 2011

Westlake Financial Services Market Commentary: Sub-Prime Vehicle Segment Like many sellers of older-model, used vehicles, Westlake Financial Services experienced a dramatic improvement in resale prices during 2010. Following a flat 2009, Westlake saw a 30%+ year-over-year gain in 2010. Westlake’s ...Read More