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BRP to go Public with IPO

Bombardier 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).

2012 Can-Am Spyder Roadster Lineup Announced

Bombardier Recreational Products announced its 2012 lineup of Can-Am Spyder Roadsters. The 2012 Can-Am Spyder Roadster line consists of two RS models and four RT touring models. All 2012 models come with a new amber-colored display, with the RS models receiving an LCD screen while the RT models get a Dot-matrix screen.

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.