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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.

Can-Am Spyder Forums are full of Spyder Talk

The Can-Am Spyder is an interesting beast (arachnid?).  A snowmobile for the road, one might say.  In any case, it’s automotive spectacle that is hard to ignore. Do you love it, or do you hate it? If you are at all curious about this beast, head over to the Can-Am Spyder Forums and have a look around.  People have already been posting their pictures, reviews, questions and rants about their Spyders.

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?