Fiat strikes deal to buy Chrysler stake for $1.75bn GMT 19:16 2014 Wednesday, 01 January Last Updated: 05:17:37 GMT Arab Today Italian auto giant Fiat said on Wednesday it had struck a deal to buy up the remaining 41.4 percent stake in Chrysler it does not own from the US auto workers' pension fund, paving the way for a full merger between the two companies.