Wow. I knew that selling cars was big business, but I guess I didn’t think it was THIS big.
One of Massachusetts biggest car dealerships, Herb Chambers, announced the sale of the company for $1.34 billion dollars to Asbury Automotive.
There are currently 60 Herb Chambers dealerships in Massachusetts, according to herbchambers.com.
Asbury Automotive is a Georgia Based Company
According to the papers filed, Herb Chambers Companies represented $2.9 billion in revenue in 2024 from their 33 dealerships, 52 franchises and three collision centers…