Industry News

Maruti Suzuki India Ltd sold 91,959 units of its UVs, such as Vitara Brezza, Ertiga and S-Cross, in the first six months of 2016-17, thrice what it sold a year ago. In the same period, sales of UVs more than doubled at Hyundai Motor India Ltd, led by the Creta, while at Honda Cars India Ltd, UV sales trebled."/>
In role reversal, car makers lead growth in utility vehicle segment [Mint, New Delhi]
Polaris Industries co-founder and creator of the company's first snowmobile, hopped aboard a modern version and gunned it 900 miles across Alaska. Until recently, the inventor of the Polaris snowmobile was a regular fixture at the company's Roseau, Minn., plant, despite retiring in 1988."/>
Polaris Industries co-founder David Johnson dies at 93 [Star Tribune (Minneapolis)]
Facebook Live, Lavrusik decided to leave the company this year and launch Alively, an app that allows people to share recorded or live video privately with friends and family."/>
Former Facebook Live manager Vadim Lavrusik bets on more private video sharing with Alively [Mercury News]
Mitsubishi Aircraft Corporation, giving its suppliers an update on the MRJ90 project is an annual event. But Thursday's tour of the Mitsubishi Moses Lake Flight Center was like offering the Port of Moses Lake an opportunity to present a sales pitch to 60 different aeronautical leaders at the same time. Representatives of an estimated 60 companies met Wednesday in Bellevue for an update on the MRJ90 program, then came by bus to Moses Lake to tour the $9..."/>
Mitsubishi Mitsubishi suppliers tour ML Flight Center [Columbia Basin Herald, Moses Lake, Wash.]
M/I Homes Inc.' s new Sarasota division has added the former director of land for KB Home Tampa LLC. Michael Stephens becomes M/I's director of land acquisitions for the division, which includes Manatee and Sarasota counties. He was previously development associate, land development project and acquisition manager and director of land for KB Home's Tampa-based business."/>
M/I Homes hires director of land acquisition [Sarasota Herald-Tribune, Fla.]
Facebook that even your boss might like. On Monday, the Menlo Park tech firm released "Workplace by Facebook," an enterprise communication tool meant to foster more productivity and collaboration in the office. It looks similar to a person's personal Facebook, but users aren't browsing the social network for cat videos or engagement photos."/>
Facebook debuts 'Workplace' to make employees more productive [Mercury News]
Kona Grill is preparing to open its first Alabama restaurant next week at Bridge Street Town Centre in Huntsville. The 7,000- square-foot contemporary American and sushi eatery will launch Oct. 17 in Building 435 next to Belk. Led by Executive Chef Mike Osborne and General Manager Robert Davenport, the location will be one of more than 40 Kona restaurants in 22 states and Puerto Rico."/>
Kona Grill to launch first Alabama restaurant next week [Alabama Media Group, Birmingham]
Lowe's Companies, Inc., through a subsidiary, has agreed to acquire the outstanding cumulative five-year rate reset series 6 class A preferred shares of Rona inc. for USD 18.09 per share in cash, pursuant to a plan of arrangement, the company said. The board of directors of Rona has unanimously approved the transaction and has resolved to unanimously recommend that holders of the preferred shares vote..."/>
Lowe's Agrees to Acquire Preferred Shares of Acquired Canadian Retailer Rona
Dick's Sporting Goods is set to open its new Olympia store at 8 a.m. Oct. 28 at Capital Mall, 625 Black Lake Boulevard SW. Beloved Seattle Mariner Edgar Martinez will make an in-store appearance from noon to 2 p.m."/>
BRIEF: Dick's Sporting Goods sets date for Olympia store grand opening [The Olympian (Olympia, Wash.)]

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