Herb Chambers has reached an agreement to sell his network of New England car dealerships to Asbury Automotive Group for $1.34 billion.

Auto retailer Asbury Automotive Group said on Tuesday it would acquire automotive dealerships owned by Herb Chambers Companies in a deal valued at $1.34 billion.

Sale of fourteenth largest private dealership group in the US includes 33 dealerships, 52 franchises, and 3 collision centers in Massachusetts and Rhode Island. DULUTH, Ga., February 18, 2025--(BUSINESS WIRE)--Asbury Automotive Group,

Asbury Automotive Group has reached a definitive agreement to acquire 33 dealerships and three collision centers from HCC.

The deal, which is expected to close later this year, includes 33 dealerships, 52 franchises, and three collision centers in Massachusetts and Rhode Island.

Herb Chambers, a well-known New England automotive retailer, has been sold to a Georgia-based dealership conglomerate for $1.34 billion, 12 News has learned.

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Herb Chambers has been one of the most prominent names in the automotive sector across New England. His company is one of the largest private auto dealership groups in the United States and currently employs more than 2,