POP/ROCK - March 25, 1987

Singer Tom Petty has settled his lawsuit with B.F. Goodrich tire company. Petty sued the company for copyright infringement after it ran ads using a sound-alike singer and a song that closely resembled Petty’s “Mary’s New Car.” Goodrich had previously asked to use that song in its ads, but Petty refused permission. Under the terms of the out-of-court settlement, Goodrich will withdraw the advertisement and Petty will receive what his manager calls “substantial damages.” In other Petty news, the singer’s new single, “Jamming Me,” will be out on April 6, followed by an album two weeks later.