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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.

2015 Can-Am Spyder F3 Revealed

Bombardier Recreational Products has revealed the F3, the newest member to its three-wheeled Can-Am Spyder roadster family. Sporting a more muscular stance and the all-new UFit customizable footpeg and handlebar system, the F3 joins the returning Spyder RT, ST and RS in the 2015 product lineup. Duke’s Den – That’s Not A Motorcycle!

US Motorcycle Sales First Half 2011 Results

The U.S. motorcycle industry saw a 4.6% decrease in year-on-year sales over the first six months of 2011, thanks mostly to a 17.3% drop in ATV sales. Motorcycle and scooter sales however saw a 1.7% bump in the first half .