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Delphi union says tentative contract reached

NEW YORK, Nov 16 (Reuters) - The union representing around 10,000 workers at Delphi Corp. plants said on Sunday it reached a tentative, four-year labor contract with the world's largest auto parts company.

The IEU-CWA said the contract agreement with Troy, Michigan-based Delphi was reached after both sides agreed to negotiate past Saturday's 11:59 p.m. deadline.

The union said members would receive a $3,000 signing bonus and improvements in pension and health care coverage under the new contract.

The contract will now be sent to members to ratify, it said.