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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.

Q3 2013 US Motorcycle Sales Results

Motorcycle and scooter sales in the U.S. in 2013 remain consistent with last year’s figures, according to data released by the Motorcycle Industry Council. Several manufacturers blamed poor weather for the poor start this year, and the rebounding sales in the third quarter helped to negate the slow sales from earlier in the year.

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.