Herb Chambers is selling his network of car dealerships in Massachusetts and Rhode Island for one-point-34-billion-dollars.
Founded in 1985, Herb Chambers companies sell 35 brands through 60 dealerships.
The buyer is Georgia-based Asbury Automotive Group which has 152 dealerships selling 31 brands.
None of Asbury's current dealerships are in New England.
Chambers says he will remain with the new company as a consultant.
(Photo: Herb Chambers.com)