Copyright 1989 The New York Times Company
The New York Times
May 26, 1989, Friday, Late City Final Edition
SECTION: Section D; Page 4, Column 1; Financial Desk
LENGTH: 107 words

HEADLINE: COMPANY NEWS; G.M. and Beretta Settle Lawsuit

BYLINE: Special to The New York Times
DATELINE: DETROIT, May 25


BODY:

The General Motors Corporation formally settled a trademark infringement lawsuit filed against it last summer by Fabbrica d'Armi Pietro Beretta S.p.A., the Italian gun maker. In a ceremony held in Italy and attended by each company's chairman, G.M. contributed $500,000 to a Beretta cancer foundation and exchanged a Chevrolet Beretta GTU coupe for a Beretta hunting rifle and shotgun.

According to the provisions of the settlement, which were first described by Beretta in February, the auto maker received the right to market the Chevrolet under the Beretta name, which it has been using since the model's introduction late in 1986.