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Q3 2013 US Motorcycle Sales Results

Motorcycle and scooter sales in the U.S. in 2013 remain consistent with last year’s figures, according to data released by the Motorcycle Industry Council. Several manufacturers blamed poor weather for the poor start this year, and the rebounding sales in the third quarter helped to negate the slow sales from earlier in the year.

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.

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.