2013 Can-am Spyder
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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.

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.

Santa on a Can-Am Spyder

Everyone knows that the market for three and four wheeled motorcycles is fueled by aging motorcycle enthusiasts not wanting to let go of that feeling of being in the wind. Similarly, some voyagers in their aging years are opting to travel on the ground instead of taking to the skies. Santa is no different.