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BRP to Raise CN$262.3 Million with Initial Public Offering

Bombardier Recreational Products announced an initial public offering price of CN$21.50 per share when the company goes public. At that price ($20.83 in U.S. dollars) for 12,200,000 shares, the IPO would generate proceeds of CN$262.4 million (US$254.8 million) for BRP, the company behind Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude & Johnson outboard engines, and Can-Am‘s ATVs, side-by-sides and Spyder three-wheeled roadsters.

Will The Bombardier Trailtrike Make Trikes Cool?

Charles Bombardier, creator of the highly controversial Can-Am Spyder and grandson of the man who invented the snowmobile, thinks he has an idea to make trikes cool. It’s a tall order, considering most motorcycling circles banish three-wheelers as some kind of second class device, not worthy of mingling with true two wheelers. While Bombardier’s Trailtrike still has two wheels in front and one in back, he tells Popular Science the difference is that the Trailtrike can be ridden both on- and off-road.

2008-2012 Can-Am Spyder Fuel Vapor Leak Recalls Expands to US

A pair of recalls for fuel vapor leaks on Can-Am Spyder roadsters has expanded to the U.S. According to the National Highway Traffic Safety Administration, one recall affects 9,600 units from model years 2008-2010 while the second, larger recall affects 33,700 from model years 2008-2012. An earlier recalls from Transport Canada affects 9400 units for the a fuel cap issue and 2,431 units for a fuel vapor canister vent hose issue.