BRP reported FQ3’21 revenues which increased by 1.9% year over year after an improvement in North American demand for the firm’s jet skis and all-terrain vehicles. That came despite the firm facing “a situation where we had to airfreight parts or reschedule to accommodate a supplier who had difficulty” according to CEO José Boisjoli. U.S. seaborne imports linked to the firm, mostly representing parts, dipped 16.3% lower year over year in the three months to Oct. 31. BRP is expanding its Mexican operations to “add 50% of side-by-side production capacity” in 2021. The firm’s exports from M...
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