RPT-UPDATE 1-VW brand bears brunt of crisis as Q1 profit halves

Newswire

* VW-brand Q1 opg. profit 590 mln euros vs 1.1 bln euros * VW-brand margin 2.4 pct vs. 4.1 pct * Audi Q1 profit down 7.3 pct to 1.3 bln euros * Seat Q1 loss widened as brand awaits new CEO (Repeats to additional subscribers. No change to text) BERLIN, April 29 (Reuters) - First-quarter profit at Volkswagen's core brand almost halved, Europe's biggest carmaker said on Monday, as manufacturers battle the region's protracted slump in ...

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