The company's purpose is to operate a garage and a body shop, as well as to buy and sell motor vehicles and spare parts. The company may also carry out all commercial, financial, movable and immovable transactions, the latter to the extent that they are not subject to the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE); take participations in other companies; in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.