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Latest Lentuo International Inc. Stories

2014-09-22 08:20:33

BEIJING, Sept. 22, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS, "Lentuo" or the "Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that it will report its second quarter 2014 financial results on Monday, September 29, 2014, before the opening of the U.S. markets. Lentuo's management will host a conference call to discuss the results at 8:00 a.m. Eastern Daylight Time on Monday, September 29, 2014 (8:00 p.m. Beijing time...

2014-09-16 08:21:10

BEIJING, Sept. 16, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today provided an update on its strategy to expand its sales and service network in the high-end car segment in China. Over the past decade, Lentuo has made the strengthening of its high-end brand portfolio one of its strategic priorities. Since the opening of its first Audi dealership, the Company has...

2014-09-10 08:20:56

- Ratio of Pre-owned Car to New Car Sales in Beijing Reaches 1.36:1 - BEIJING, Sept. 10, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today provided an update on its strategy for the rapid and comprehensive expansion of its pre-owned car business. According to the China Automobile Dealers Association ("CADA"), Beijing is poised for rapid growth with transaction volumes...

2014-08-28 08:20:29

BEIJING, Aug. 28, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, Bitauto Holdings Limited ("Bitauto") (NYSE: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, and Youxinpai (Beijing) Information Technology Co., Ltd. ("UXIN"), a leading professional auto auction service provider in China, today announced that...

2014-08-15 08:20:38

BEIJING, Aug. 15, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, and Bitauto Holdings Limited ("Bitauto") (NYSE: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, today announced that they, together with Youxinpai (Beijing) Information Technology Co., Ltd. ("UXIN"), a leading professional auto auction service...

2014-06-27 08:20:38

- Revenues and Gross Margins Increase Strongly - BEIJING, June 27, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or the "Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today reported its financial results for the first quarter ended March 31, 2014. First Quarter 2014 Financial Highlights -- Building upon its return to profitability for the year 2013, net income was RMB9.0 million ($1.5 million), compared to net loss of...

2014-06-23 16:21:38

BEIJING, June 23, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS, "Lentuo" or the "Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that it will report its first quarter 2014 financial results on Friday, June 27, 2014, before the open of U.S. markets. Lentuo's management will host a conference call to discuss the results at 8:00 a.m. Eastern Time on June 27, 2014 (8:00 p.m. Beijing time on the same day). The dial-in...

2014-06-12 08:20:50

BEIJING, June 12, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that it is acquiring a new FAW-VW dealership in Xuzhou, Jiangsu Province. This transaction represents another prudent step in Lentuo's strategy to diversify its business away from Beijing and it further deepens the Company's strategic partnership with FAW-VW. This will be the first Lentuo...

2014-06-06 16:20:20

BEIJING, June 6, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today responded to another article issued by GeoInvesting (the "Article") on June 5, 2014. The Company stated that the Article distorted the Company's previous response and repeatedly fabricated misleading allegations. The Company further stated that all of the allegations are based on incorrect information...

2014-05-29 12:20:46

BEIJING, May 29, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today responded to the allegations raised in a report issued by GeoInvesting (the "Report") on May 28, 2014. The Company firmly believes that the Report contains numerous misstatements and misleading speculations. The Report falsely stated that: (i) Lentuo Electromechanical ("LE"), a PRC entity controlled by...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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