The company's purpose is the operation of a garage, a body shop, and a paint shop, as well as the purchase, sale, and repair of new and used automobiles. The company may, in Switzerland and abroad, either for its own account or for the account of third parties, carry out all commercial, financial, or real estate operations (in Switzerland excluding operations prohibited by the LFAIE) directly or indirectly related to its purpose, take participations in all commercial, industrial, or financial enterprises (in Switzerland excluding operations prohibited by the LFAIE), and create branches in Switzerland and abroad. The company is authorized to take financing, restructuring, and intercession measures in favor of shareholders, group companies, or third parties, as well as to grant loans or guarantees to shareholders, group companies, or third parties, when this promotes its interests.
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