Industry News

Maruti Suzuki India Ltd's Zen, is set to make a comeback to take on a new rival. The new version of Santro is due to stage a comeback in the first half of 2018, said two persons familiar with the development, including a Hyundai executive. The company is hoping the Santro will help it counter Renault India Pvt."/>
Hyundai Santro to relaunch as made-in-India model for the world [Mint, New Delhi]
Tata Motors Ltd is planning to push exports of commercial vehicles in a big way in a bid to cushion itself from the cyclical nature of the home market. The market leader in trucks exported 50,000 units in the year ended in March 2016 and is now looking to double the overseas sales in the next two years, Ravindra Pisharody, executive director, commercial vehicles at the firm said in an interview. "Besides defence, exports is an important pillar to hedge ourselves from the..."/>
Tata Motors plans to double export of commercial vehicles in two years [Mint, New Delhi]
Arctic Cat is planning to double its number of employees as part of a nearly $7 million expansion at its facility off Opportunity Drive in St. Arctic Cat, which manufactures snowmobiles and all-terrain vehicles, is planning to build a $1.3 million manufacturing and testing facility to the east of its current facility. The company also plans to build a $5.6 million addition to the north of its existing manufacturing facility."/>
Arctic Cat looks to add 50 jobs with $7M expansion [St. Cloud Times, Minn.]
Time Inc. will host the 2017 Fortune Global Forum in Guangzhou, China, it was announced today by Time Inc. Chief Content Officer and Fortune Editor-in-Chief Alan Murray at a press conference in Guangzhou. The event will be the fifth Fortune Global Forum held in China."/>
Time Inc. to Host 2017 Fortune Global Forum in Guangzhou, China
Priceline Group, announced today the results of its most recent Travel Smart study which shows which of Asia's destinations are seeing the fastest growth in visitors from Europe. Based on booking data from millions of customers in Europe, the study analyzed which destinations had seen the highest growth in hotel bookings over the past 12 months."/>
Myanmar and Japan Attract More European Visitors According to Recent Agoda Study
Macy's "Shop For A Cause" event has shown that superheroes come in all shapes, sizes and ages. This year's three-day shopping event, held August 26-28, raised more than $3 million to benefit March of Dimes programs to give more babies a fighting chance. "Once again, we are humbled by Macy's associates and their customers' super heroic fundraising efforts," said Dr."/>
Macy's "Shop For A Cause" Raises More Than $3 Million For The March Of Dimes
Trump greeted warmly at Dundalk diner [The Baltimore Sun]
Under Armour CEO Kevin Plank's massive Port Covington project-- one of the most hotly debated issues the lawmakers have faced in years. The 12-0 decision came after 11 of 15 council members signed a petition to force a preliminary vote on the deal, bypassing a committee where necessary legislation stalled last week. "The feeling among the entire group is we're ready for the..."/>
City Council advances Port Covington deal, setting up final vote [The Baltimore Sun]
Target is looking to hire more holiday employees this year, but the increase will come from behind-the scenes supply chain roles, not in-store customer service jobs. The Minneapolis-based retail giant plans to hire more than 70,000 seasonal store employees this holiday season, the same figure as each of the past four years, spokeswoman Kristy Welker said in an email. The retailer is also adding 7,500 seasonal employees in distribution and fulfillment centers, an..."/>
Target's holiday hiring growth not coming from sales floor [Chicago Tribune]
Polaris Industries' massive recalls hammered home Monday as the recreational vehicle maker significantly downgraded its earnings expectations for the year, saying recall costs will now reach $120 million in 2016.. The surprise downgrade, which lowered the earnings forecast by 43 percent, comes less than two weeks after Polaris recalled another 10,770 of its off-road four-wheelers, citing 19 new reports of vehicle fires that injured six people..."/>
Polaris Industries reduced earnings forecast 43 percent because of latest recall [Star Tribune (Minneapolis)]

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