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 Nevada
Top Service Auction: ABC Birmingham
Top Loyalty Program Auction: Dealers Auto Auction Idaho
Most Improved Auction: ADESA Colorado Springs
“We continued to see strong sale performance in the western states during the second quarter” says Bill Walters, VP of Remarketing. “As such, our top auctions held relatively stable compared to Q1.” Taking the overall top position was Norwalk Auto Auction, followed by Manheim Nevada which had held the top spot for four consecutive quarters. Besides strong sale results, Norwalk was recognized for excellent service. “The staff at Norwalk makes my job much easier by going above and beyond,” noted Brad Hall, Regional Auction Rep.

ABC Birmingham retained their position as Top Service Auction. Dirk Grammel, Regional Auction Rep, commented that “they are my most consistent auction for vehicle processing and sale preparation.” Dealers Auto Auction of Idaho continued to top the rankings in Westlake’s Dealer Loyalty Program. “We have a strong partnership with Dealers Idaho through the Loyalty Program,” added Walters.

This quarter, Westlake added a category for Most Improved Auction. “We wanted to recognize the auction that showed the best overall improvement throughout the quarter,” says Walters. ADESA Colorado Springs took this position with a solid improvement in sale results. Regional Auction Rep, Steve Gunsberger, also highlighted strong service grades in contributing to their overall performance.

Westlake President Ian Anderson concludes by congratulating all of the Q2 Top Auctions. “As we head into the second half, we look forward to working with all of our auction partners into making 2011 a record year. A hat tip to our Q2 top auctions and congratulations to ADESA Colorado Springs for their charge up the rankings.”

To learn more about Westlake Financial, including markets served and financing products available, visit www.westlakefinancial.com.