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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).

What’s next for Polaris?

Polaris Industries, the parent company of Victory Motorcycles, announced this week it will form a new on-road vehicle division. The official announcement says the new division “maximizes cohesive and strategic growth for Victory Motorcycles and other on-road products and brands”. Which begs the question: what other on-road products and brands?

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.