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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.

1961 car - with 20 miles on the clock

A 52-YEAR-OLD classic car with one careful lady owner and only 20 miles on the clock is expected to fetch thousands at auction in Norfolk. The rare Triumph Herald is virtually brand new and still has its original 1961 tax disc, costing £15, on its windscreen. Auctioneer Tristram Belemore-Smith said: "The car dealer sold the Triumph Herald to a lady customer in 1961 and it was delivered to her home on a trailer.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.