Although financing arrangements have yet to be finalised, the sale was agreed upon at an unannounced price sources claim to be "very low".
"The price tag is non-existent but GM has a deal that grants them revenues as well if Koenigsegg manages to get Saab back on its feet," a source close to Saab said.
The deal requires the Swedish government to guarantee a loan by Saab from the European Investment Bank. The bank is expected to process Saab's loan application by end-September.
Sweden said on August 7th that it had received information on a possible pullout of investors backing the deal. But there has been no further statement by the government on the issue since then.