UPDATE 3-Volkswagen says VW Brand Group narrows Q1 loss


(Adds CFO comments from conference call in paras 14, 16-19) By Christiaan Hetzner FRANKFURT, April 29 (Reuters) - Volkswagen's core VW Brand Group narrowed its first-quarter loss as cost-cutting effects from its "ForMotion" efficiency programme offset declining car sales, Europe's largest carmaker said on Friday. VW's sportier Audi Brand Group remained the only profitable industrial division as the commercial vehicles business also reported a loss, albeit smaller. In Volkswagen's key ...

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