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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.

2013 Long Beach International Motorcycle Show Report

Today the motorcycle press descended upon the Long Beach Convention Center to attend media day at the annual International Motorcycle Show. After feasting from a continental breakfast buffet the discerning journalists set to the task of reporting on the bounty of new model motorcycles – most of which has been previously showcased in our November EICMA reporting. If you missed anything from that show here’s a run down of what to look forward to: Triumph Thunderbird LT Suzuki V-Strom 1000 Can-Am Spyder Royal Enfield Continental GT Zero KTM Super Duke R – KTM confirmed the retail price to be $16,999 BMW R NineT Ducati Monster S 1200 Honda Valkyrie Kawasaki Z1000 Husqvarna A cool item of interest included a reproduction TZ750-powered flat tracker King Kenny Roberts made famous.

US Motorcycle Sales First Half 2011 Results

The U.S. motorcycle industry saw a 4.6% decrease in year-on-year sales over the first six months of 2011, thanks mostly to a 17.3% drop in ATV sales. Motorcycle and scooter sales however saw a 1.7% bump in the first half .