Category: Industry News

Tremblay buys Franke Mercedes-Benz in Quebec

July 9, 2026

Tremblay Auto Groupe has acquired Franke Mercedes-Benz in Sainte-Agathe-des-Monts, adding its first luxury brand and expanding its dealership network to eight locations, according to media reports. Effective July 2, the dealership will operate as Mercedes-Benz Ste-Agathe. The transaction follows Tremblay …

Delinquencies add pressure for dealers and lenders

July 7, 2026

Dealerships and auto lenders are facing added pressure from rising consumer delinquencies, as higher borrowing costs, stretched household budgets and longer loan terms continue to affect vehicle affordability. Nick Cherry, Divisional Chief Executive Officer of Ardent Credit Services and Phillips …

EV charging’s $21B opportunity

July 7, 2026

A stronger federal greenhouse gas emissions standard for light-duty vehicles could help attract $21 billion in zero-emission vehicle charging infrastructure investment across Canada by 2035, according to a new analysis by the Canadian Charging Infrastructure Council (CCIC). The policy brief, …