GM and Koenigsegg sign stock purchase agreement for the sale of Saab

Looks like the sale of Saab to supercar maker Koenigsegg is in the final stage, as General Motors confirmed it has signed a stock purchase agreement with Koenigsegg Group AB regarding the sale of 100% of the shares of Saab Automobile AB.

The deal is expected to conclude in the next months and will then secure Saab’s future.

Currently Koenigsegg makes around 20 supercars a year while Saab makes close to 100,000 cars. What will change at Saab we shall see very soon, until then take a look at interviews with Jan Åke Jonsson, MD Saab Automobile and Christian von Koenigsegg, CEO of Koenigsegg Group.