The company's purpose is the purchase and sale of automobiles and their accessories as well as the rental of vehicles. The company may enter into any transactions, conclude contracts, and grant loans that are suitable for promoting the company's purpose or are directly or indirectly related thereto. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad as well as conduct any business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of, and manage real property in Switzerland and abroad. It may also undertake financings for its own or third-party account as well as provide security for liabilities of affiliated companies.