Fiat declines comment on reports chairman to go

Newswire

TURIN, Oct 31 (Reuters) - Fiat SpA declined on Thursday to comment on reports that Chairman and co-Chief Executive Paolo Fresco could resign soon from the crisis-hit industrial group. "As usual, the company does not comment on press gossip," a Fiat spokesman told Reuters. Fresco could not be reached for comment. Italian newspapers reported on Thursday that Fresco, who was brought into Fiat in the hope his U.S.-style professionalism would turn around the loss-making company, might resign ...

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