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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.

Polaris to Reveal Slingshot Three-Wheeler on July 27

Polaris Industries is set to reveal a new three-wheeled roadster on July 27 called the Slingshot. Polaris has been working on this project for quite some time. The photographs in this post were actually filed on Sept.

2013 Can-Am Spyder RT and ST Models Recalled for Fire Risk

Transport 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.