UPDATE 1-AutoNation pretax earnings rise

Newswire

(Revises, adds quotes, stock price, details throughout, byline) By Michael Ellis DETROIT, April 29 (Reuters) - Car dealership group AutoNation Inc. on Thursday posted slightly stronger profits in the first quarter, excluding a large tax gain last year, and the company raised its earnings forecast for the year. AutoNation said its first-quarter earnings before taxes rose to $144.3 million from $137.3 million, boosted by stronger sales of new and used cars, and increased revenues from ...

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