Import, export, trade, rental and sale of automobiles and operation of a garage and repairs and trade of all kinds as well as all activities related and subordinate to these areas. May establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad and conduct all business directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, also arrange financing for its own account or for third-party account and provide guarantees and sureties for subsidiaries and third parties.