WRAPUP 1-VW, Continental hoard cash in Q1

Newswire

* Continental, Volkswagen report Q1 operating losses * Continental, Volkswagen cash management in spotlight * Renault to publish results later on Wednesday * ZF Friedrichshafen does not rule out 2009 loss * Continental shares up 3.5 percent, VW down 3.6 percent By Christiaan Hetzner FRANKFURT, April 29 (Reuters) - Germany's Volkswagen and Continental made the best out of a terrible first quarter for the global auto industry, hoarding their cash as they hope for an improvement in ...

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