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Created: 05/06/2011 07:13:39 PM - 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 01/12/2017 04:13:38 AM
#606 Seems as though nobody looks at this anymore. ROCKHard 10/14/2016 07:08:44 PM
#605 Is there any chance that this company could ROCKHard 09/10/2016 06:08:28 PM
#604 BTW Lentuo has about 1000 lease cars out icroucher 09/06/2016 10:53:37 AM
#603 Thanks. I agree, as normally the VIE structure icroucher 09/06/2016 10:18:02 AM
#602 Thanks. I agree, as normally the VIE structure icroucher 09/06/2016 10:15:53 AM
#601 I will post when the final order comes 300Gs 09/02/2016 04:25:39 PM
#600 Thats not a lot of money. Who is surgeon_general 09/02/2016 01:18:44 PM
#599 Class Action has been settled for $1000000 subject 300Gs 09/02/2016 09:57:41 AM
#598 The final class action settlement details should come 300Gs 08/24/2016 02:30:28 PM
#597 what does that mean for the Lentuo LASLY stock? ROCKHard 08/24/2016 02:44:44 AM
#596 Group (HR) hiring supervisor / manager Negotiable icroucher 08/23/2016 05:25:23 PM
#595 Group (Investment Development Department) Motor City Project Financing icroucher 08/23/2016 07:18:55 AM
#594 Hmm..quite a coincidence that someone started buying when BullSSSS 07/12/2016 03:25:31 PM
#593 what is up here ? Dutchdaan 07/12/2016 02:33:37 PM
#592 Lentuo has reached a class action settlement.Details to 300Gs 06/30/2016 08:11:53 AM
#591 Lentuo has reached a class action settlement.Details to 300Gs 06/30/2016 08:11:15 AM
#590 Maybe not all, but Why are so many ROCKHard 06/29/2016 08:46:27 PM
#589 any news here? johnofthecross 04/17/2016 10:11:15 AM
#588 I don't think so. The websites for icroucher 02/16/2016 05:36:20 AM
#587 Not that I have an substantial shares left, Joe1644 02/05/2016 06:24:06 AM
#586 No links allowed. Open a Pacer account and 300Gs 01/19/2016 09:11:10 AM
#585 Hey 300Gs, where did you get this information johnofthecross 01/18/2016 08:37:56 AM
#584 Interesting..thanks for the update. Joe1644 01/12/2016 09:21:24 PM
#583 Class Action dismissed with a last chance to 300Gs 01/10/2016 06:50:14 PM
#582 But it referred to LAS revenue paying of icroucher 12/14/2015 09:01:29 PM
#581 Guys, while we are waiting to here from bullrider2 12/10/2015 05:18:16 PM
#580 Not really. Imagine you are buying a house 300Gs 12/10/2015 08:23:15 AM
#579 Bit of a dodgy claim to say have icroucher 12/08/2015 10:11:20 PM
#578 Guo still has all his shares and didn't 300Gs 12/02/2015 08:38:37 AM
#577 They are still actively fighting class action, still 300Gs 12/02/2015 08:36:01 AM
#575 Any updates here? Bull_by_the_Horn23 11/03/2015 01:35:29 PM
#574 Hearing is set for December 14th. Just like 300Gs 10/08/2015 07:28:23 AM
#573 Come on! You can see for yourself. Easiest BullSSSS 10/07/2015 11:48:49 PM
#572 The hearing on a motion to dismiss is 300Gs 10/07/2015 11:26:41 PM
#571 I wouldn't be surprised if the lawyers didn't icroucher 10/07/2015 08:21:39 PM
#570 Interesting.... Joe1644 10/07/2015 03:48:59 PM
#569 Interesting.... Joe1644 10/07/2015 03:47:44 PM
#568 IT IS HEREBY ORDERED that the Motion to BullSSSS 10/07/2015 08:23:42 AM
#567 Do you havet the link to the article? Joe1644 10/06/2015 06:01:20 PM
#566 yeah sure, let us know what he finds johnofthecross 10/06/2015 09:11:51 AM
#565 I have someone in china who can translate Joe1644 10/05/2015 08:50:39 PM
#564 alright, thanks icroucher. johnofthecross 09/30/2015 09:55:12 AM
#563 At this stage I'm withdrawing that comment as icroucher 09/29/2015 07:22:54 PM
#562 Can you elaborate? 300Gs 09/29/2015 06:39:42 PM
#561 Some updates and activities on the lentuo weibo icroucher 09/29/2015 05:19:40 PM
#560 speak. what's going on, with links please, no hearsay. johnofthecross 09/29/2015 12:16:40 PM
#559 Watch this space - there's some developments from icroucher 09/29/2015 07:07:52 AM
#558 I checked with SEC tech staff and this icroucher 09/25/2015 03:30:44 PM
#557 Great good to hear he is not still MIA icroucher 09/25/2015 09:12:32 AM
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