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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.

John Cusack rides Can-Am Spyder across Ireland

Irish-American actor John Cusack recently completed a tour of Ireland on a Can-Am Spyder roadster. The star of such films as Runaway Jury, High Fidelity and Grosse Point Blank was in Ireland for his grandmother’s 80th birthday. After the celebrations, Cusack hopped on his Spyder and toured Ireland with his family, visiting places such as Dublin, Kenmare and Galway.

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.