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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).

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.

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.