UAW Workers Ratify New Contract With Fiat Chrysler

Associated Press

Unionized workers at Fiat Chrysler have voted overwhelmingly to approve a new four-year contract with the company.

The ratification means the United Auto Workers has settled with all three Detroit automakers. The union said Wednesday that about 71 percent of Fiat Chrysler workers voted in favor of the deal. The UAW has about 47,000 members at Fiat Chrysler, including workers at plants in Kokomo and Tipton.

The deal includes a $9,000 bonus per worker upon ratification. The company also has promised $4.5 billion worth of new investments in U.S. factories.

General Motors workers ratified an agreement in October after a 40-day strike, while Ford Workers settled in November.

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