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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.

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.

BRP Recalls 2010 Can-Am Spyder RT for Brake Pedal Flaw

Bombardier Recreational Products is issuing a recall campaign on 2010 Can-Am Spyder RT roadsters because of a risk of brake failure. According to documents released by the National Highway Traffic Safety Administration, a pin used to secure the brake pedal connecting rod may disengage and fall off, resulting in a total loss of brake function. BRP received three reports of a loss of braking ability.