Asbury Automotive Group reported a dramatic rebound in second-quarter net income, rising 444% to $152.8 million compared to last year.

Asbury Q2 net income surges 444% as dealership sales and service profits grow

Jaelyn Campbell - July 29, 2025

Asbury Automotive Group reported a dramatic rebound in second-quarter net income, rising 444% to $152.8 million compared to the same period last year, when the company faced an 86% drop...

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Asbury Automotive Group has finalized its acquisition of The Herb Chambers Companies, expanding Asbury’s presence into the Northeast.

Asbury Automotive completes $1.45B acquisition of Herb Chambers Companies

Jaelyn Campbell - July 22, 2025

Asbury Automotive Group, one of the top U.S. automotive retail companies, has finalized its acquisition of The Herb Chambers Companies, the 16th-largest privately-owned dealership group in the country. The $1.45...

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Herb Chambers settles $11.8M PPP loan fraud allegations

Jasmine Kiniklis - April 10, 2025

Herb Chambers, one of the most prominent auto dealers in the United States, along with several affiliated companies and a corporate officer, has agreed to pay $11.8 million to resolve...

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Herb Chambers

Asbury Q2 net income surges 444% as dealership sales and service profits grow

Asbury Automotive completes $1.45B acquisition of Herb Chambers Companies

Herb Chambers settles $11.8M PPP loan fraud allegations

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