The company's purpose is to trade in and import and export motor vehicles of all kinds, spare parts and all articles commonly used in the automotive industry, to carry out all repairs and service work, to buy and sell automobiles and their accessories, as well as to rent vehicles. The company may establish branches in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for third parties.