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As the regulator of motor vehicle sales in Ontario, OMVIC's mandate is to maintain a fair and informed marketplace by protecting the rights of consumers, enhancing industry professionalism and ensuring fair, honest and open competition for registered motor vehicle dealers.

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Mubadala, which manages over $225 billion in assets, holds stakes in some of Abu Dhabi's biggest companies as well as stakes in global firms such as Spanish energy firm Cepsa and Vienna-based OMV.

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As outlined in our strategy last year, OMV aims at growing its Downstream Oil business by exporting its successful refining and petrochemicals business model to international growth markets.

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