To tap huge opportunity in the used car business, luxury car maker Audi today said it will start its operations in the segment in India by the year-end. By the end of the year, we will start our used car business under the Audi Approved Plus brand, Audi India Head Michael Perschke told reporters in Gurgaon while launching the new version of its Sedan A6. He expected it to account for about 10-20 per cent of its new car sales in future. The new sedan, priced between Rs 37.70 lakh and Rs 47 lakh (ex-showroom Delhi), will be available in four variants. The car is being assembled at the Aurangabad facility of VW group firm Skoda. Mr Perschke said the company was evaluating market conditions for introducing cars in the lower segment. However, he did not disclose further details in this regard. Talking about the market share, Mr Perschke said the company s target was to have 25 per cent of the Indian luxury car market by 2015 and we are on track . He expected the Indian luxury car market to cross 50,000 units annually in the next five years, from about 15,000 units last year. Currently, Audi India sells Sedans A4, A6, A8, A7 Sportback, sports utility vehicles Q5 and Q7 along with sports cars R8 and R8 Spyder.