UPDATE 2-AutoNation's profit more than doubles on tax ruling

Newswire

(Adds details, share price, CEO comments and byline) By Poornima Gupta DETROIT, July 28 (Reuters) - Car dealership Group AutoNation Inc.'s profit more than doubled, aided by strong parts and service business and a large gain from the resolution of a tax audit. The largest U.S. automotive retailer said second-quarter net earnings rose to $194.8 million, or 73 cents a share, from $92.1 million, or 34 cents a share in the year-earlier quarter. Income from continuing operations for the ...

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