July 23, 2012
/PRNewswire-Asia/ -- Lentuo International Inc. (NYSE: LAS, "Lentuo" or the "Company"), a leading non-state-owned automobile retailer in
, today announced that the company has received approval from FAW-Volkswagen Audi to build a new 4S Audi dealership in south
The new Audi store will be located in Fengtai District, between the south fourth and fifth ring roads. The store is designed in accordance with FAW - Volkswagen Audi's new standard and will encompass a full range of automotive services including new car and used car sales, car loans, car insurance and insurance renewal, collision damage assessment and payment of claims, repair and maintenance, warranty service, leasing, and supply of FAW - Volkswagen Audi brand parts and accessories.
"We are very pleased to deepen the strategic partnership between Lentuo and Audi through this newly authorized dealership." stated Mr. Hetong Guo, Founder and Chairman of Lentuo. "The high-end segment of the automotive consumer market is growing rapidly. The addition of the new green field Audi dealership is a significant step in expanding our operating scale in high-end dealerships and further promotes Lentuo's brand recognition in the luxury car market."
About Lentuo International Inc.
Lentuo is a leading non-state-owned automobile retailer headquartered in
. Lentuo operates 11 franchise dealerships, 10 automobile showrooms, one automobile repair shop, and one car leasing company.
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