Nikon is rumored to update their current AF-S Nikkor 70-300mm f/4.5-5.6G IF-ED VR lens with two new version.

According to sources, two new 70-300mm lens versions are on the horizon. One of them will feature vibrate reduction technology and the other one is coming without VR.

This lineup of 70-300mm telephoto zoom lens is a budget friendly model with an aperture range of f/4.5 to 5.6. It seems that Nikon will start offering VR and a non-VR models of their “cheaper” lenses.

Nikon to Update the 70-300mm f/4.5-5.6G IF-ED VR Lens in 2016

World’s biggest digital imaging event Photokina 2016 will start in September in Cologne, Germany. So it is a big possibility that we might see new versions of 70-300mm II (VR) lenses around Photokina 2016.
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http://www.dailycameranews.com/2016/04/nikon-af-s-nikkor-70-300mm-f4-5-5-6-ii-vr-lenses-coming-next/