The purchase and sale of vehicles of all kinds, trade in related accessories and electronic articles, operation of garages and bodywork shops; may participate in other companies, affiliate related business areas, acquire or establish similar or related companies, acquire or transfer licenses, patents and other intangible assets, and acquire, encumber, manage or sell real estate and buildings. The company may establish branches and subsidiaries 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. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.