The company's purpose is to trade in automobiles, engines and spare parts of all kinds, as well as to operate garages and repair workshops; and to sell and distribute products of all kinds; management, purchase, sale and trade in real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, 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, as well as provide guarantees and sureties for subsidiaries and third parties.