Westlake Financial Announces Manheim Baltimore Washington as the 2020 Auction of the Year

FOR IMMEDIATE RELEASE (April 2021): Los Angeles, CA – Westlake Financial congratulates Manheim Baltimore Washington on being named its 2020 Auction of the Year. Westlake further recognizes Adesa Lexington, Rawls Auto Auction, Manheim Dallas, Dealers Auto Auction of the Southwest, and Adesa Golden Gate as top regional honorees.

“We are happy to congratulate our 2020 Auction of the Year winner, Manheim Baltimore Washington. They are a great partner and, together, we look forward to continuing our growth,” stated William Walters, VP of Remarketing for Westlake Financial.

“Our entire team at Manheim Baltimore-Washington is incredibly proud to receive this outstanding award from our partners at Westlake Financial,” said Craig Amelung, General Manager at Manheim’s Mid-Atlantic Market Center. “We are honored to be recognized for our commitment to delivering the type of remarketing results and top-notch service they expect from our auction partners.”

The 2020 top regional auction performers are:
Midwest Region: Adesa Lexington
Southeast Region: Rawls Auto Auction
South Central Region: Manheim Dallas
Southwest Region: Dealers Auto Auction of the Southwest
Pacific Region: Adesa Golden Gate

Westlake grades auction vendors based on various sale and service metrics, and holds periodic performance reviews with auction management. Westlake recognizes the top auctions, by region, with the highest results garnering the ‘Auction of the Year’ award.

“We are proud to be working with all our auctions and I want to congratulate these top performers,” stated Paul Kerwin, Westlake’s Chief Financial Officer. “We hope to continue our success alongside each of these groups.”

Westlake partners with auctions nationwide to sell thousands of used cars each month. Many units are sold with Westlake’s Buy with Confidence Guarantee, which gives dealers peace of mind they are purchasing quality units. Additionally, Westlake offers a Dealer Loyalty Program in which retailers receive discounts when Westlake units are purchased at auctions and financed through Westlake. Those interested in learning more are invited to contact the Remarketing department and check our upcoming sales on
https://www.westlakefinancial.com/Remarketing/

About Westlake Technology Holdings:

Westlake Technology Holdings is an auto and finance technology company headquartered in Los Angeles, CA with approximately $12.14 billion in assets under management. Westlake Financial (“Westlake”) originates indirect automotive retail installment contracts through a nationwide network of new and used automotive and powersports dealers. Westlake also offers loan portfolio purchasing, credit facilities and portfolio servicing through its ALPS division (Advanced Lending & Portfolio Services), www.WestlakeALPS.com; floor plan lines of credit are provided through its Westlake Flooring Services division, www.WestlakeFlooringServices.com; shared cash flow auto lending through Westlake’s wholly owned subsidiary, Western Funding Inc., a Nevada based auto lender; indirect automotive leasing for credit unions through Westlake’s subsidiary, Credit Union Leasing of America (CULA); dealer leads and direct-to-consumer auto loans are offered through Westlake Direct; consumer title loans are offered through Westlake’s wholly owned subsidiary Loan Center, www.loancenter.com; and commercial real estate lending is offered through Westlake Capital Finance.

www.WestlakeFinancial.com

For more info on Nowlake, contact:

David Goff, VP, Marketing

[email protected]