Global Automobiles Healthy potentially undervalued

Toyo Tire

Market Cap: JP¥565.9b

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

Astra Otoparts

Market Cap: Rp12.0t

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

Fuyao Glass Industry Group

Market Cap: CN¥135.1b

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

Tong Yang Industry

Market Cap: NT$46.5b

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

Chery Automobile

Market Cap: HK$158.1b

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

Sailun Group

Market Cap: CN¥41.0b

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.

LCI Industries

Market Cap: US$2.7b

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

Geely Automobile Holdings

Market Cap: HK$207.3b

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

Aumovio

Market Cap: €4.0b

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

HUAYU Automotive Systems

Market Cap: CN¥53.0b

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

Hu Lane Associate

Market Cap: NT$13.9b

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.

Forvia

Market Cap: €2.3b

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

Nexen Tire

Market Cap: ₩647.7b

Manufactures and sells tires in South Korea and internationally.

Aisin

Market Cap: JP¥1.7t

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

Martinrea International

Market Cap: CA$793.4m

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.

Guangzhou Automobile Group

Market Cap: CN¥51.9b

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

Mercedes-Benz Group

Market Cap: €48.6b

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

Bayerische Motoren Werke

Market Cap: €46.8b

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

Foryou

Market Cap: CN¥16.5b

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

IKD

Market Cap: CN¥17.4b

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

Isuzu Motors

Market Cap: JP¥1.5t

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

Amotiv

Market Cap: AU$824.5m

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

Autoliv

Market Cap: US$9.5b

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

Sumitomo Rubber Industries

Market Cap: JP¥529.6b

Provides tires, sports, and industrial and other products in Japan and internationally.

Yadea Group Holdings

Market Cap: HK$35.1b

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.

Gentex

Market Cap: US$5.1b

Designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, fire protection technologies, audio products, medical devices, and consumer electronics.

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.

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.

Dharma Polimetal

Market Cap: Rp4.6t

Through its subsidiaries, manufactures and sells automotive components and metal finishing for motorcycles and cars in Indonesia.

Kia

Market Cap: ₩64.0t

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

Anhui Zhongding Sealing Parts

Market Cap: CN¥25.9b

Engages in the research, development, production, and sale of hydraulic and pneumatic seals and automotive non-tire rubber products in China and internationally.

AIMA Technology Group

Market Cap: CN¥18.3b

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

Loncin Motor

Market Cap: CN¥28.7b

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

Stellantis

Market Cap: €20.3b

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

Great Wall Motor

Market Cap: HK$149.3b

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.