Car sales giant Herb Chambers sold for $1.34B

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New England car sales giant Herb Chambers has agreed to sell his eponymous company for $1.34 billion.

Duluth, Georgia-based Asbury Automotive will take control of The Herb Chambers Companies, which includes 33 dealerships, 52 franchises, and three collision centers, according to an announcement released Tuesday morning. Herb Chamber Companies brought in $2.9 billion in revenue in 2024.

Chambers will serve as special advisor to Asbury and will retain ownership of Mercedes-Benz of Boston in Somerville.