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Fiat to stay unchanged after Agnelli death-chairman

TURIN, January 25 (Reuters) - Fiat Chairman Paolo Fresco on Saturday said nothing was set to change at the loss-making industrial giant, a day after the death of its honorary chairman and guiding force Gianni Agnelli.

"Nothing changes, it will continue as before," Fresco said outside Fiat's Lingotto factory where thousands of people gathered to pay their respects to Agnelli, who turned Fiat from a family car firm into a global industrial powerhouse.

"The best way to honour the memory of the "Avvocato" (Agnelli) is to undertake all the work necessary to overcome this difficult moment and create a stronger and more successful Fiat," he said.

The death of Agnelli, who was known to Italians as simply "Avvocato" - the lawyer, has stirred talk about an imminent shakeup at the group which is staggering under the weight of heavy losses at its core car unit, Fiat Auto.

Agnelli was a staunch defender of Fiat's car making activities and his death, aged 81, is seen as removing one of the greatest obstacles to Fiat Auto's sell-off.

Fiat-run newspaper La Stampa reported in a black-topped memorial edition on Saturday Agnelli's younger brother Umberto, 68, had accepted a nomination from family members to take over Fiat's management.

Umberto Agnelli has previously said the group may need to exit car making.