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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.

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).

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?