AutoNation invests in online used-car retailer Vroom


    AutoNation, the nation’s largest auto retailer, is investing in Vroom, one of the largest online retailers of used cars.

    Fort Lauderdale-based AutoNation on Tuesday said it has invested $50 million in New York-based Vroom, which gives it an ownership stake of 7 percent and further extends AutoNation’s focus on preowned vehicles.