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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.

Bombardier Designs Alternative-Fuel Unicycle

Not only has Bombardier designed and built snowmobiles, planes, trains and the Can-Am Spyder, the privately held Quebec-based company also tinkers with prototypes like the Embrio – the French Canadian answer to the Segway Human Transporter and resembles closely to the “Uno”. Unlikely to ever see actual production, this one-wheeled concept uses gyroscopic technology to balance its rider. The vehicle was allegedly designed to demonstrate what we bipedal humanoids might be using for transportation in the year 2025.

2013 US Motorcycle Sales Data

The Motorcycle Industry Council (MIC) reported a modest 1.4% growth in U.S. motorcycle and scooter sales in 2013, with consumers purchasing 465,783 vehicles. The sales data represents numbers from the MIC’s member brands which include BMW, Can-Am, Ducati, Harley-Davidson, Honda, Kawasaki, KTM, the Piaggio Group (which includes Aprilia, Moto Guzzi and Vespa), Victory, Suzuki, Triumph and Yamaha.