Consumer Goods & Retail Headlines

UPDATE 2-VW crisis hits German investor mood but officials play down economic impact

* Industry plays down risk to 'Made in Germany' label (Adds minister and industry comment)

UPDATE 2-VW to cut investment in core brand to cope with scandal

* To focus more on electric, hybrid vehicles (Adds German data, economy minister, detail, background, shares)

Altria welcomes SABMiller's willingness to accept AB InBev offer

Oct 13 - SABMiller Plc shareholder Altria Group said it was pleased that the brewer was willing to accept larger rival Anheuser-Busch InBev's new offer worth more than $100 billion.

VW crisis won't cause lasting damage to German economy-econmin

BERLIN, Oct 13 - German Economy Minister Sigmar Gabriel said on Tuesday that he did not think the diesel emissions scandal at Volkswagen would permanently damage the German economy.

U.S. says Apple e-books antitrust monitor no longer needed

NEW YORK, Oct 13 - The U.S. Justice Department has determined that Apple Inc has implemented significant improvements to its antitrust compliance program and that a court-appointed monitor's term does not need extended, according to a court filing.

We should not discriminate against diesel due to VW scandal-auto chief

BERLIN, Oct 13 - Matthias Wissmann, the head of Germany's VDA auto industry association, said on Tuesday that the diesel emissions scandal at Volkswagen should not lead to diesel technology being discriminated against. (Reporting by Gernot Heller; Writing by Michelle Martin; Editing b Victoria Bryan)

VW crisis won't hurt Germany as an industrial location-lobby chief

BERLIN, Oct 13 - The emissions scandal at German carmaker Volkswagen will not hurt Germany's reputation in the industrial world, the head of an industry lobby said on Tuesday.

VW brand to cut investments by 1 bln eur to cope with scandal

BERLIN, Oct 13 - Volkswagen will trim investments at its biggest autos division by 1 billion euros ($1.14 billion) a year and accelerate its cost-cutting programme to cope with costs related to the group's diesel emissions scandal unleashed last month.

VW crisis, emerging markets hit German investor morale

BERLIN, Oct 13 - Morale among German analysts and investors plummeted in October as the diesel emissions scandal at carmaker Volkswagen and weakness in emerging markets took their toll, a survey by ZEW think tank showed on Tuesday.

REFILE-German state of Lower Saxony to keep VW stake -state PM

BERLIN, Oct 13 - Germany's state of Lower Saxony, Volkswagen's second-largest stakeholder, will keep its holding in Europe's biggest automaker, state Prime Minister Stephan Weil said.