UAW Leaders Approve New Fiat Chrysler Contract

Leaders of the United Auto Workers approved a new contract with Fiat Chrysler.

Friday’s vote came just a week after UAW members voted down a previous agreement.

The new contract means the threat of a strike is averted.

It promises to gradually eliminate a tiered pay system.

It will also bring all U.S. factory workers to the same pay level in the next eight years.

Next, about 40,000 UAW workers at 23 U.S. plants will vote on the agreement.