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BRP to go Public with IPO
Fri, 19 Apr 2013Bombardier Recreational Products has filed a preliminary prospectus with the necessary securities regulatory bodies in Canada for a proposed initial public offering of subordinate voting shares. Should things go according to plan, non-controlling shares of the company will be available on the Toronto Stock Exchange. The Financial Post reports BRP hopes to raise CN$250 million (US$243 million).
2013 Can-Am Spyder RT and ST Models Recalled for Fire Risk
Fri, 30 Aug 2013Transport Canada announced a recall for all 2013 Can-Am Spyder RT and ST series roadsters because of a risk of a vehicle fire. At the moment, a recall has only been announced for Canada but a representative from Bombardier Recreational Products says agencies in other countries such as the U.S. National Highway Traffic Safety Administration are also preparing for a recall.
NHTSA Launches Recall Look-up by VIN Tool
Fri, 22 Aug 2014The U.S. Department of Transportation and the National Highway Traffic Safety Administration have launched a new free online tool that should make it easier for consumers to inspect their vehicles’ safety recall histories. The new search tool, available at http://www.safercar.gov/vinlookup, allows people to look for recall campaigns by entering Vehicle Identification Numbers.
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