Global Automobiles Healthy potentially undervalued

HUAYU Automotive Systems

Market Cap: CN¥52.3b

Researches and develops, manufactures, and sells automotive parts worldwide.

Martinrea International

Market Cap: CA$721.9m

Engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for the automotive sector in North America, Europe, and internationally.

Mercedes-Benz Group

Market Cap: €41.8b

Operates as an automotive company in Europe, Germany, North America, the United States, Asia, China, and internationally.

Nexen Tire

Market Cap: ₩676.1b

Manufactures and sells tires in South Korea and internationally.

Aisin

Market Cap: JP¥1.6t

Manufactures and sells automotive parts, lifestyle, and energy and wellness related products in Japan.

Dana

Market Cap: US$3.2b

Provides power-conveyance and energy-management solutions for on-highway vehicles in North America, Europe, South America, and the Asia Pacific.

IKD

Market Cap: CN¥15.8b

Researches, develops, produces, and sells automotive aluminum alloy precision die castings parts in the United States, Europe, and Asia.

Foryou

Market Cap: CN¥14.6b

Engages in the automotive electronics, precision die casting, precision electronic components, and LED lighting businesses in China and internationally.

Sailun Group

Market Cap: CN¥38.6b

Engages in the research and development, manufacturing, and sale of tires and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally.

Kumho Tire

Market Cap: ₩1.3t

Engages in the manufacture and sale of tires in South Korea, Europe, North America, Central and South America, Asia, and internationally.

Fuyao Glass Industry Group

Market Cap: CN¥126.7b

Provides safety glass solutions and automotive accessories for various transportation vehicles in China and internationally.

Yadea Group Holdings

Market Cap: HK$31.1b

An investment holding company, engages in the development, manufacture, and sale of electric two-wheeled vehicles and related accessories under the Yadea brand in the People’s Republic of China.

Chery Automobile

Market Cap: HK$151.6b

Designs, develops, manufactures, and sells passenger vehicles, and automotive parts and components in the People's Republic of China and internationally.

Tong Yang Industry

Market Cap: NT$50.2b

Engages in the manufacture and sale of parts, components, and models for automobile in Taiwan, China, the United States, and internationally.

LCI Industries

Market Cap: US$2.2b

Manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally.

Kia

Market Cap: ₩58.8t

Manufactures and sells vehicles in South Korea, North America, and Europe.

Geely Automobile Holdings

Market Cap: HK$188.2b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Aumovio

Market Cap: €3.9b

Engages in the development, production, and supply of hardware, software, and mobility solutions in Germany, Europe, North America, Asia-Pacific, and internationally.

Minth Group

Market Cap: HK$33.4b

An investment holding company, designs, develops, manufactures, processes, and sells automobile body parts and moulds of passenger cars.

Trigano

Market Cap: €2.6b

Designs, manufactures, and distributes leisure vehicles and trailers in France, Germany, the United Kingdom, Benelux, Italy, Spain, Northern Europe, and internationally.

Iochpe-Maxion

Market Cap: R$1.4b

Produces and sells automotive wheels and structural components in Brazil, North America, South America, Europe, the Middle East, Africa, Asia, and internationally.

Forvia

Market Cap: €1.9b

Manufactures and sells automotive technology solutions in France, Germany, other European countries, other Europe, the Middle East, Africa, the Americas, Asia, and internationally.

Hu Lane Associate

Market Cap: NT$14.5b

Engages in the manufacture and sale of terminal parts for automotive and motorcycle electronics, terminal crimping machines, and industrial rubber and plastic products in Taiwan.

Guangzhou Automobile Group

Market Cap: CN¥46.0b

Research, develops, manufactures, and sells vehicles and motorcycles, and parts and components in Mainland China and internationally.

Toyo Tire

Market Cap: JP¥596.1b

Manufactures and sells tires in Japan, North America, and internationally.

Bayerische Motoren Werke

Market Cap: €36.4b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Ningbo Joyson Electronic

Market Cap: CN¥34.8b

Engages in the research and development, manufacture, and sales of automotive parts and accessories in China, the United States, Japan, Germany, Mexico, Italy, Romania, Portugal, Poland, Brazil, India, and internationally.

Johnson Electric Holdings

Market Cap: HK$22.2b

An investment holding company, manufactures and sells motion systems the Americas, the Asia-Pacific, Europe, the Middle East, Africa, and the People’s Republic of China.

CIE Automotive

Market Cap: €3.3b

Manufactures and sells automotive parts and components in North America, Brazil, Asia, CIE Forging Europe, and rest of Europe.

Autoliv

Market Cap: US$8.9b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in the Americas, Europe, China, and Asia.

Isuzu Motors

Market Cap: JP¥1.6t

Manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide.

Amotiv

Market Cap: AU$883.4m

Manufactures, imports, distributes, and sells automotive products in Australia, New Zealand, Thailand, rest of Asia, the United States, and internationally.

Gestamp Automoción

Market Cap: €1.8b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

Zhejiang Shuanghuan DrivelineLtd

Market Cap: CN¥35.8b

Engages in the design, research and development, and manufacturing of mechanical transmission gears and related parts in China and internationally.

DRB-HICOM Berhad

Market Cap: RM 2.0b

Engages in automotive, aerospace and defence, banking, postal, services, and properties businesses.

Stellantis

Market Cap: €16.1b

Engages in the designing, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, and mobility services worldwide.