Manufacturer of high-end sports cars Koenigsegg (from Sweden, ranked in Forbes magazine's list of the world's 10 most beautiful cars) is ready to take over General Motor's uneconomic Saab unit.

A major shareholder, Baard Eker, who holds 49 percent of Koenigsegg, said that it has a number of good solutions to help get the company back on track.

On the other hand, a source close to the development stated, “It is not the done deal that some people in Sweden seem to think it is.”

According to Eker, several investors were ready to finance the acquisition, but Eker declined to mention their names.

Eker further added that Saab needs more innovations and the new owners would fill Saab in with culture and technology.

Earlier, Swedish television reported that a group of Norwegian investors was involved in the deal.

The state secretary in the Swedish industry ministry, Goran Hagglund said, “We have always said that when there is a new owner of Saab, the debt office could be commissioned to negotiate about loan guarantees, if such are needed.”

Interestingly, a company that has less than 50 persons on staff, will become the in charge of Saab.