UPDATE 2-AutoNation earnings boosted by tax settlement

Newswire

(Adds chairman quote, details throughout, byline, share price) By Michael Ellis DETROIT, April 28 (Reuters) - AutoNation Inc. , the nation's largest dealer of new and used vehicles, said on Monday that its first-quarter earnings more than doubled, partly from the additional income of a tax settlement. AutoNation reported a first-quarter net profit of $185 million, or 63 cents a share, up from earnings of $91.7 million, or 28 cents a share, in the year-ago quarter. The Fort ...

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