German luxury carmaker, Audi has announced the opening of its new showroom in Jaipur, capital of Rajasthan state in northern India.

The new showroom was inaugurated by Michael Perschke, Head, Audi India, Dayanidhi Kasliwal, Director, Audi Jaipur and Aditya Kasliwal, Managing Director, Audi Jaipur.

Sixty nine dealers across twenty five cities of the country will be selling the newly launched vehicle of Tata Motors named “The Aria”.

The auto major has come with this magnificent product in the market which is the first 4-wheel drive Crossover. It is a luxury vehicle having finer qualities of a sedan as well as the muscular power of a SUV.

Luxury car maker, Mercedes-Benz, on Thursday, has said that it has crosses the 400 mark is sales in the user car segment during May to September in India.

The German carmaker operates a pre-owned car business called Proven Exclusivity in the country. It expects the segment to account for about 10-15% of its total sales. The company has already surpassed its yearly target with nine months sales 4,200 units.

Tata Motors is opening up regular bookings in some of the key states of the country just before the festive season making Nano available on spot payments. Earlier the car was available only to those people who won a lottery.

Auto maker, Ford's India unit plans to export at least 10,000 units of its Figo car model to global markets from India by the end of this financial year.

Ford India is planning to export the vehicles to markets including North America, the UAE and South America and some others as the company is aiming to accelerate its export strategy.

Companies like Principal Mutual Fund, DWS Investments International and Fidelity Investments amongst others have acquired minority stakes in Tata Motors through a qualified institutional placement offer. The auto giant is considered as the nation's biggest makers of commercial vehicles.

According to a new report, the Daimler AG's Mercedes-Benz and Bayerische Motoren Werke AG's line up has closed the gap with Lexus model from Toyota Motors to compete for the top spot as this year’s top-selling luxury automobile brand in the US.