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Herb Chambers Cadillac of Lynnfield

Asbury buys Herb Chambers for $1.34B

February 18, 2025 by Luke Acton

Herb Chambers Cadillac of Lynnfield will have a new owner after a $1.34 billion purchase by the Georgia-based Asbury Automotive Group. The Lynnfield location is among 33 dealerships, 52 franchises, and three collision centers transferred in what is one of the largest sales in U.S. auto retail history. The sale represents $2.9 billion in revenue in 2024, according to a … [Read more...] about Asbury buys Herb Chambers for $1.34B

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