Global Automobiles Healthy potentially undervalued

Hu Lane Associate

Market Cap: NT$16.4b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Astra Otoparts

Market Cap: Rp11.0t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, rest of Asia, the Middle East, the United States, Europe, and Africa.

CIE Automotive

Market Cap: €3.2b

Designs, manufactures, and sells automotive components and sub-assemblies.

Fuyao Glass Industry Group

Market Cap: CN¥142.9b

Engages in the provision of safety glass solutions and automotive accessories for various transportation vehicles in China and internationally.

Tong Yang Industry

Market Cap: NT$59.7b

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

Kumho Tire

Market Cap: ₩1.4t

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

AIMA Technology Group

Market Cap: CN¥31.5b

Engages in the research and development, production, and sale of electric bicycles, mopeds, and motorcycles in China and internationally.

Kia

Market Cap: ₩40.4t

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

Ningbo Jifeng Auto Parts

Market Cap: CN¥14.9b

Manufactures automotive interior parts in China and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.1b

Designs, develops, manufactures, sells, and supplies auto parts in China.

SL

Market Cap: ₩1.5t

Manufactures and sells automotive parts in South Korea, North America, China, India, Europe, South America, and internationally.

Renault

Market Cap: €8.9b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Bethel Automotive Safety Systems

Market Cap: CN¥31.5b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Aptiv

Market Cap: US$16.2b

Engages in design, manufacture, and sale of vehicle components for the automotive and commercial vehicle markets in North America, Europe, the Middle East, Africa, the Asia Pacific, South America, and internationally.

Iochpe-Maxion

Market Cap: R$2.1b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Toyo Tire

Market Cap: JP¥552.6b

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

Martinrea International

Market Cap: CA$691.5m

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

Mercedes-Benz Group

Market Cap: €51.5b

Operates as an automotive company in Germany and internationally.

NHK Spring

Market Cap: JP¥366.2b

Provides automobile, data communications, and industry and lifestyle products in Japan.

Hankook Tire & Technology

Market Cap: ₩4.8t

Manufactures and sells tires worldwide.

General Motors

Market Cap: US$53.7b

Designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

Li Auto

Market Cap: US$24.1b

Operates in the energy vehicle market in the People’s Republic of China.

Shenzhen Kedali Industry

Market Cap: CN¥34.1b

Researches, develops, manufactures, and sells lithium battery precision and automotive structural parts in China and internationally.

Wooshin Systems

Market Cap: ₩84.6b

Develops, manufactures, and sells automotive body assembly systems and body parts in South Korea and internationally.

Gestamp Automoción

Market Cap: €1.9b

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

Loncin Motor

Market Cap: CN¥28.4b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan and internationally.

Geely Automobile Holdings

Market Cap: HK$194.0b

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

Nemak S. A. B. de C. V

Market Cap: Mex$11.0b

Develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally.

Stellantis

Market Cap: €24.0b

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

AAPICO Hitech

Market Cap: ฿5.1b

Engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal.

Great Wall Motor

Market Cap: HK$196.3b

Engages in the manufacture and sale of automobiles, and automotive parts and components in the People's Republic of China, Europe, ASEAN countries, Latin America, the Middle East, Australia, South Africa, and internationally.

Lear

Market Cap: US$5.5b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

Gentherm

Market Cap: US$1.1b

Designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally.

Nifco

Market Cap: JP¥379.8b

Manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, Mexico, and Europe.

Aisin

Market Cap: JP¥1.7t

Manufactures and sells automotive parts, and energy and lifestyle related products.

SAF-Holland

Market Cap: €710.9m

Manufactures and sells chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.