Lentuo International Inc. (NYSE:LAS) agreed to acquire FAW-VW dealership in Xuzhou, Jiangsu Province on June 12, 2014. The final purchase price will be determined once the expert valuation work has been completed by a third-party evaluation company. The deal has been approved by the Board of Directors of Lentuo. The deal is expected to complete during the third quarter of 2014. Christian Arnell and Linda Bergkamp of Christensen acted as PR advisors for Lentuo International Inc.

Lentuo International Inc. (NYSE:LAS) cancelled the acquisition of FAW-VW dealership in Xuzhou, Jiangsu Province on June 12, 2015.