The company's purpose is the purchase, sale, representation, rental and repair of all automotive vehicles, accessories and spare parts. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and carry out all transactions directly or indirectly related to its purpose. The company may acquire, 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 and grant guarantees and securities for the account of its subsidiaries and third parties. It may carry out all commercial or financial transactions in direct or indirect relation to its purpose or conducive to its development.