DETROIT—The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract, which includes a total of $9 billion in investments but still needs final approval from workers.
Both sides declined to offer details on the deal, but it includes a $9,000 bonus for workers when the agreement is ratified, a promise not to close any factories where vehicles are assembled for the next four years, and a commitment to keep making vehicles at a plant in Belvidere, Illinois, according to a person briefed on the matter. The person spoke on condition of anonymity because the talks are confidential.
