AutoNation invests in online used-car retailer Vroom

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    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.