The top automotive news of the day- Hyundai has finally launched the all-new Verna in India and prices start from Rs. 7.99 lakh (ex-showroom). Available in both petrol and diesel variants, the Verna will take on the likes of the Honda City, Maruti Suzuki Ciaz and the Volkswagen Vento. Skoda has launched the Rapid Monte Carlo Edition, which sees a some styling updates to the sedan to make it look unique. Finally, BMW has revealed the M5 in an all new and all-wheel-drive avatar. And yes, it still gets a fire breathing twin-turbo V8 engine making.