The United Auto Workers union's unit leaders on Friday unanimously approved General Motors Corp's proposed four-year labor contract that includes a signing bonus and a new round of voluntary buyouts for the automaker's workers.

It was unanimously supported, a source familiar with the contract said.

The proposed contract, which has to be ratified by a majority of GM's 73,000 workers, includes a $3,000 signing bonus, a health-care trust fund to reduce the automaker's costs and a new round of buyout offers for GM workers, the source said.

General motors