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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).

2008-2012 Can-Am Spyders Recalled for Fire Risk

Bombardier Recreational Products has initiated two recalls in Canada on Can-Am Spyder Roadsters for a risk of fire due to a leaky gas cap. One recall covers certain units from model years 2008-2012, which covers all prior model years since the three-wheeler was first introduced in 2008. The second recall applies to model years 2008-2010.

NHTSA Launches Recall Look-up by VIN Tool

The U.S. Department of Transportation and the National Highway Traffic Safety Administration have launched a new free online tool that should make it easier for consumers to inspect their vehicles’ safety recall histories. The new search tool, available at http://www.safercar.gov/vinlookup, allows people to look for recall campaigns by entering Vehicle Identification Numbers.