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As Apple iPhone, laptop sales soar in India, distributor Redington Q2 profit up

India's biggest Apple and IT products distributor Redington Ltd on Thursday reported a 26% jump in September quarter profit. India's biggest Apple and IT products distributor Redington Ltd on Thursday reported a 26% jump in September quarter profit on the back of buoyant domestic demand for iPhones, laptops and software.Consolidated profit for the three months ended Sept. 30 climbed to 3.87 billion rupees ($46.76 million) from 3.07 billion rupees a year ago, the company said in an exchange filing. The iPhone

BYD names passenger EV distributor for Brazil

The new Saga Brasilia Dealership Chinese EV maker BYD has appointed Saga Group, the largest dealer group in Brazil, as its dealer in the capital, Brasilia. It is the 10th BYD dealer in the country – the company has sold many electric buses there and also operates both bus assembly and EV battery factories. “Saga Group has reached a significant milestone as we open first electrified vehicle store in…

Stellantis names Indonesia Citroen distributor

Stellantis has appointed Indomobil Group to operate Citroen’s business in Indonesia, the companies announced in Jakarta today. The agreement designates Indomobil as the sole distributor of the French brand in Indonesia. It will be launched in 2023. Stellantis said Indomobil had “a track record of success stories with global automotive brands”, expertise and long experience in the local automotive industry and “a strong…

BYD names Thai passenger vehicle distributor

New PV distributor was named at a brand conference Another new market for BYD passenger vehicles, another new country distributor: this time Thailand where the brand will be imported and distributed by Rever Automotive. Liu Xueliang, general manager of BYD’s Asia-Pacific Auto Sales Division, said: “BYD launched the first batch of pure electric taxis in Thailand as early as 2018 and has maintained close…

BYD names Israel passenger EV distributor

BYD has appointed Shlomo Motors as national distributor in Israel. The agreement marks the start of Shlomo marketing BYD’s range of passenger vehicles and providing sales, aftersales and service support. Shlomo Motors has imported BYD electric buses for 10 years. EV passenger car showrooms across Israel will open from September. The first two showrooms will open in Petach Tikva and Haifa followed by Jerusalem in October…

BYD names Netherlands distributor – Just Auto

BYD has named Louwman as “national dealer partner” in the Netherlands. “The strategic partnership with the long-established Louwman Group marks an important phase for BYD as it continues to expand its eco-friendly electric passenger vehicle business,” the automaker said in a statement. Louwman will offer online ordering, customer service and assistance, and also provide both offline sales and aftersales service for BYD…

New Malaysian Audi distributor – Just Auto

PHS Automotive Malaysia (PHSAM) said it had become the sole distributor of Volkswagen Group’s Audi brand in Malaysia, taking responsibility for wholesale, marketing and aftersale activities. The company, a subsidiary of European distributor Porsche Holding Salzburg (PHS), which is part of the VW Group, is managed by Erik Winter and Kurt Leitner, who also run local distributor Volkswagen Passenger Cars Malaysia (VPCM). They…

CEO Daniel Ek: Spotify plans to use the freemium model for audiobooks; the DOJ is reviewing Spotify's yet-to-close acquisition of…

Ariel Shapiro / The Verge: CEO Daniel Ek: Spotify plans to use the freemium model for audiobooks; the DOJ is reviewing Spotify's yet-to-close acquisition of audiobook distributor Findaway — This story is part of a group of stories called — This article first ran in Hot Pod Insider, The Verge's audio industry newsletter. Ariel Shapiro / The Verge: CEO Daniel Ek: Spotify plans to use the freemium model for audiobooks; the DOJ is reviewing Spotify's yet-to-close acquisition of…