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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.

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.