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Wed 11 Nov 2002Troubled Fiat denies Ferrari boss is due to take helm at auto groupFIAT has denied reports that its chairman Paolo Fresco is to resign as unions geared up to protest against planned restructuring of the Italian industrial conglomerate's loss-making auto division.The Italian daily Nazionale reported that Fresco was engaged in talks with the Agnelli family, which has a 30 per cent controlling interest in the group, to step down. It suggested Ferrari boss Luca Cordero di Montezemolo as Fresco's replacement.