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Lentuo International Inc. (LASLY)

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Last Post: 1/12/2017 4:13:38 AM - Followers: 12 - Board type: Free - Posts Today: 0

Lentuo International ("Lentuo") is the largest non-state-owned automobile retailer in Beijing, China as measured by new vehicle sales revenues in 2009, according to the China Automobile Dealers Association (CADA). Lentuo operates six franchise dealerships, ten automobile showrooms, one automobile repair shop and one car leasing company in the Beijing metropolitan area, the largest automobile market among all cities in China in terms of annual new passenger vehicle registrations. Three of the six dealerships are among the leading dealerships in China for their respective brands as measured by individual dealership new vehicle sales.

Lentuo offers a "one-stop shop" experience for customers by providing a full range of automobile products and services in all franchise dealerships, which is also known as the "4S dealerships" (Sales, Spare parts, Services and Survey). The products and services include the sales of new passenger vehicles, auto parts and accessories, automobile repair and maintenance services, and a channel for vehicle manufacturers to gather customer feedback. Lentuo also offers customers assistance with financing, procuring automobile insurance, and other automobile-related services. The dealerships sell both domestically manufactured and imported vehicles by foreign and Chinese automakers. Among the most popular mid-line and luxury brands sold by Lentuo's dealerships, Audi, FAW-Volkswagen and FAW-Mazda collectively represented about 75.8% of Lentuo's revenue from new vehicle sales in 2009.

The "Lentuo" brand has earned strong market awareness, and been well recognized by customers and industry peers for its outstanding customer service. Lentuo believes that in high quality customer service is the key to success in the automobile retail industry, and has designed its operations with the aim of delivering consistent, high quality customer service and establishing long-lasting customer relationships.


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#607   Lentuo was declared bankrupt by a Court in icroucher 01/12/17 04:13:38 AM
#606   Seems as though nobody looks at this anymore. ROCKHard 10/14/16 07:08:44 PM
#605   Is there any chance that this company could ROCKHard 09/10/16 06:08:28 PM
#604   BTW Lentuo has about 1000 lease cars out icroucher 09/06/16 10:53:37 AM
#603   Thanks. I agree, as normally the VIE structure icroucher 09/06/16 10:18:02 AM
#602   Thanks. I agree, as normally the VIE structure icroucher 09/06/16 10:15:53 AM
#601   I will post when the final order comes 300Gs 09/02/16 04:25:39 PM
#600   Thats not a lot of money. Who is surgeon_general 09/02/16 01:18:44 PM
#599   Class Action has been settled for $1000000 subject 300Gs 09/02/16 09:57:41 AM
#598   The final class action settlement details should come 300Gs 08/24/16 02:30:28 PM
#597   what does that mean for the Lentuo LASLY stock? ROCKHard 08/24/16 02:44:44 AM
#596   Group (HR) hiring supervisor / manager Negotiable icroucher 08/23/16 05:25:23 PM
#595   Group (Investment Development Department) Motor City Project Financing icroucher 08/23/16 07:18:55 AM
#594   Hmm..quite a coincidence that someone started buying when BullSSSS 07/12/16 03:25:31 PM
#593   what is up here ? Dutchdaan 07/12/16 02:33:37 PM
#592   Lentuo has reached a class action settlement.Details to 300Gs 06/30/16 08:11:53 AM
#591   Lentuo has reached a class action settlement.Details to 300Gs 06/30/16 08:11:15 AM
#590   Maybe not all, but Why are so many ROCKHard 06/29/16 08:46:27 PM
#589   any news here? johnofthecross 04/17/16 10:11:15 AM
#588   I don't think so. The websites for icroucher 02/16/16 05:36:20 AM
#587   Not that I have an substantial shares left, Joe1644 02/05/16 06:24:06 AM
#586   No links allowed. Open a Pacer account and 300Gs 01/19/16 09:11:10 AM
#585   Hey 300Gs, where did you get this information johnofthecross 01/18/16 08:37:56 AM
#584   Interesting..thanks for the update. Joe1644 01/12/16 09:21:24 PM
#583   Class Action dismissed with a last chance to 300Gs 01/10/16 06:50:14 PM
#582   But it referred to LAS revenue paying of icroucher 12/14/15 09:01:29 PM
#581   Guys, while we are waiting to here from bullrider2 12/10/15 05:18:16 PM
#580   Not really. Imagine you are buying a house 300Gs 12/10/15 08:23:15 AM
#579   Bit of a dodgy claim to say have icroucher 12/08/15 10:11:20 PM
#578   Guo still has all his shares and didn't 300Gs 12/02/15 08:38:37 AM
#577   They are still actively fighting class action, still 300Gs 12/02/15 08:36:01 AM
#575   Any updates here? Bull_by_the_Horn23 11/03/15 01:35:29 PM
#574   Hearing is set for December 14th. Just like 300Gs 10/08/15 07:28:23 AM
#573   Come on! You can see for yourself. Easiest BullSSSS 10/07/15 11:48:49 PM
#572   The hearing on a motion to dismiss is 300Gs 10/07/15 11:26:41 PM
#571   I wouldn't be surprised if the lawyers didn't icroucher 10/07/15 08:21:39 PM
#570   Interesting.... Joe1644 10/07/15 03:48:59 PM
#569   Interesting.... Joe1644 10/07/15 03:47:44 PM
#568   IT IS HEREBY ORDERED that the Motion to BullSSSS 10/07/15 08:23:42 AM
#567   Do you havet the link to the article? Joe1644 10/06/15 06:01:20 PM
#566   yeah sure, let us know what he finds johnofthecross 10/06/15 09:11:51 AM
#565   I have someone in china who can translate Joe1644 10/05/15 08:50:39 PM
#564   alright, thanks icroucher. johnofthecross 09/30/15 09:55:12 AM
#563   At this stage I'm withdrawing that comment as icroucher 09/29/15 07:22:54 PM
#562   Can you elaborate? 300Gs 09/29/15 06:39:42 PM
#561   Some updates and activities on the lentuo weibo icroucher 09/29/15 05:19:40 PM
#560   speak. what's going on, with links please, no hearsay. johnofthecross 09/29/15 12:16:40 PM
#559   Watch this space - there's some developments from icroucher 09/29/15 07:07:52 AM
#558   I checked with SEC tech staff and this icroucher 09/25/15 03:30:44 PM
#557   Great good to hear he is not still MIA icroucher 09/25/15 09:12:32 AM