Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Lentuo International Positioned To Take Off

Lentuo International Inc. (NYSE:LAS) primarily operates automobile franchise dealerships in the People’'s Republic of China, and also offers a wide range of products and services associated with the industry, including auto repair, parts and leasing. It also provides assistance to those needing help in getting insurance and financing.

Brands sold through its dealerships as of this writing are Toyota, Honda, Audi, FAW-Mazda, Chang An-Mazda, FAW-Volkswagen and Shanghai-Volkswagen.

It operates eleven franchise dealerships, ten automobile showrooms, one automobile repair shop and one car leasing company.

Besides individual customers, Lentuo also sells new vehicles to a variety of institutional customers, including government and taxi companies. It is based in Beijing and primarily operates there, although it's beginning to expand beyond...

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