Yamaha's aiming to get their new Grizzly and Kodiak 700s to dealerships by the fall and that means production in their Georgia plant is in full swing right now:

2016 Grizzly & Kodiak 700 in Production at Yamaha?s US Factory - ATVConnection.com

 

I suppose this counts as news. They're just now building them? Took long enough. One can only hope that the leftover 2014 and 2015 models with the "old" 700 engine will be offered at a substantial discount. I think the power difference with the new engine will barely be noticeable, its only like 2 hp more. If I already had a 700 with power steering, I can't see any advantage to buying one of these new models. Yamaha, get back with me when you put a v-twin in the Grizzly, ok.