The company's purpose is to hold participations in the automotive sector and to provide related services. The company may conduct all business that appears suitable to promote the purpose of the company or that is connected therewith. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also order securities and provide guarantees for its shareholders, other group companies or third parties, and grant financing to its shareholders, other group companies or third parties, for its own account or for the account of others, whether against payment or not.