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Geneva motor show 2010: the CAR Live blog

Welcome to the CAR Live Blog – bringing you all the action live from the 2010 Geneva motor show floor. Read on for updates of all the news, unveilings and launches as they happen 24/7, reported by Tim Pollard (TP), Ben Pulman (BP), Sarah-Jayne Harrison (SJH) and CAR reader reporter Mark Hamilton (MH) who's flown in from New Zealand especially for the show. NB We'll be adding the latest Geneva motor show posts at the top in blog format, so read from the bottom up for the correct chronology.

IRANIAN PRESIDENT AUCTIONS PEUGEOT

IRANIAN President Mahmoud Ahmadinajad is auctioning his 1977 Peugeot 504 to raise money for charity. The often controversial leader is inviting bids through Iran’s Central Bank, with the money raised intended to be used to build homes for the poor and disabled of Iran. Interested parties can register through a website in order to place offers.

GM announces pricing for 2014 pickups

The redesigned 2014 Chevrolet Silverado and GMC Sierra pickups go on sale this spring with V8 engines that General Motors claims will get slightly better fuel economy than the rival Ford F-150 equipped with a turbocharged V6. Chevrolet is holding the base sticker price on the 2014 Silverados to the same as that of the 2013 models. This means a rear-drive 2014 Silverado with the base V6 engine will sticker at $24,585, although that model won't be in dealerships until this summer.