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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.

BRP Recalls 2010 Can-Am Spyder RT for Brake Pedal Flaw

Bombardier Recreational Products is issuing a recall campaign on 2010 Can-Am Spyder RT roadsters because of a risk of brake failure. According to documents released by the National Highway Traffic Safety Administration, a pin used to secure the brake pedal connecting rod may disengage and fall off, resulting in a total loss of brake function. BRP received three reports of a loss of braking ability.

2013 Long Beach International Motorcycle Show Report

Today the motorcycle press descended upon the Long Beach Convention Center to attend media day at the annual International Motorcycle Show. After feasting from a continental breakfast buffet the discerning journalists set to the task of reporting on the bounty of new model motorcycles – most of which has been previously showcased in our November EICMA reporting. If you missed anything from that show here’s a run down of what to look forward to: Triumph Thunderbird LT Suzuki V-Strom 1000 Can-Am Spyder Royal Enfield Continental GT Zero KTM Super Duke R – KTM confirmed the retail price to be $16,999 BMW R NineT Ducati Monster S 1200 Honda Valkyrie Kawasaki Z1000 Husqvarna A cool item of interest included a reproduction TZ750-powered flat tracker King Kenny Roberts made famous.