|Nissan Navara NP300|
|Chevrolet Move N300|
INDECOPI dismissed the appeal, referring to the Andean Community Decision 486 on a Common Industrial Property Regime, which requires trade mark law to protect the interests of consumers. Accordingly, even though the parties had entered into an agreement, consumers might be confused when seeing both trade marks since NP300 and N300 both looked and sounded pretty similar. Further, even though both parties said they would take all necessary measures to avoid any likelihood of confusion, they gave no clue as to what specific actions they had in mind.
Source: "Court rejects coexistence agreement between Nissan and GM" by Adriana Barrera (BARLAW - Barrera & Asociados, Lima, Peru), posted on World Trademark Review, 29 October 2014