Will Motorola continue to make smartphones as usual?

What is the effect of Google selling the company to Lenovo? Is Lenovo changing things up or it business as usual? Is the transition over or is it still ongoing?

The biggest question I have is if there will be a successor to the Moto X and Moto G lines this year? I am thinking of getting the Moto 360 when it comes out and it will be great if I can pair it up with a new Motorola phone to go with it.