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| November 12, 2007 | COPYRIGHT 2007 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

CLARKE RETIRING

American Honda Motor Co. announced that effective Jan. 1, 2008, Robert Clarke, president of Honda Performance Development in Santa Clarita, California, will move to a new executive advisory role at HPD, a position he will hold until his retirement from Honda on June 30, 2008.

Erik Berkman, a 25-year Honda veteran, will become the new president of HPD. Berkman currently holds the post of executive engineer at Honda R&D Americas in Raymond, Ohio.

Clarke has worked for Honda for 27 years and has led HPD since its inception in 1993.

MUSTANG RACERS

Ford executives announced at the Specialty Equipment Market Association show in Las Vegas that a new race car-the Mustang FR500S-will be available directly from dealers for $75,000. It will compete in the all-new Ford Racing Mustang Challenge for the Miller Cup-as in Miller Motorsports Park (MMP) near Salt Lake City. MMP will own and operate the series, which begins in 2008 with an eight-race schedule. The Mustang Challenge will support various other series events. Grand-Am will sanction the Mustang Challenge.

Ford officials also said the Mustang FR500GT is finally undergoing homologation for Grand-Am's Rolex Series GT-class eligibility next year.

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