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Principal owner Herb Chambers will serve as special advisor to Asbury and will retain ownership of Mercedes-Benz of Boston, which is located in Somerville. The sale, which is described as one of ...

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New England auto giant Herb Chambers Companies has been acquired by the publicly traded Asbury Automotive Group in a $1.34 billion blockbuster deal. Herb Chambers, a Dorchester native and major ...

Boston-area car sales giant Herb Chambers is selling his network of companies to a Georgia-based corporation for $1.34 billion, according to documents submitted to the U.S. Securities and Exchange ...

(WJAR) — Herb Chambers Companies, a prominent New England auto dealership group, will be acquired by Asbury Automotive Group, according to U.S. Securities and Exchange Commission filings.

Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store revealed it would be shuttering eight out of 650 stores in 2025.

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 ...

During his four decades in the auto industry, Herb Chambers gradually turned one dealership into a bona fide empire, the biggest in New England. Now, at 83, Chambers is handing over the steering ...

Herb Chambers, principal of the Herb Chambers Companies, has agreed to assume the post of Special Advisor to Asbury and will retain ownership of Mercedes-Benz of Boston in Somerville, Massachusetts.

The car dealership magnate is selling his business to an out-of-state company for $1.34 billion. The Herb Chambers Cos., one of the largest privately owned car dealership chains in the U.S., has ...