United Auto Workers members voted to ratify the tentative contract the union negotiated with Stellantis last month, according to results released Friday.

What You Need To Know

  • UAW members ratified their contract with Stellantis Friday

  • About 68% of those who voted approved the deal

  • The UAW and Stellantis reached a tentative deal in late October

  • The new contract includes 25% wage increases, cost-of-living adjustments, $5,000 ratification bonuses and other benefits

About 68% of those who voted approved the deal, which includes 25% wage increases and cost-of-living adjustments that raise the top pay to more than $42 per hour.

The agreement also reduces the amount of time workers need to stay on the job to receive the highest pay rate, slashing it from eight years to three. Stellantis workers will also receive a $5,000 bonus now that the contract has been ratified.

The Stellantis vote comes one day after a majority of UAW members voted to approve a similar contract with General Motors. Ford workers are continuing to vote on the tentative contract.

All three automakers signed tentative agreements with the UAW in late October, ending a nearly six-week-old strike over better pay and benefits.