Global Automobiles Healthy potentially undervalued

Martinrea International

Market Cap: CA$720.5m

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: €41.2b

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

Nexen Tire

Market Cap: ₩696.5b

Manufactures and sells tires in South Korea and internationally.

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¥16.1b

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

Fuyao Glass Industry Group

Market Cap: CN¥126.7b

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

Chery Automobile

Market Cap: HK$151.0b

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

Sailun Group

Market Cap: CN¥36.3b

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.

Loncin Motor

Market Cap: CN¥23.2b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan 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: ₩60.2t

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

Geely Automobile Holdings

Market Cap: HK$200.5b

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$34.6b

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

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.

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.

Hu Lane Associate

Market Cap: NT$14.3b

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.

HUAYU Automotive Systems

Market Cap: CN¥51.3b

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

Bayerische Motoren Werke

Market Cap: €36.3b

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

Aisin

Market Cap: JP¥1.7t

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

Johnson Electric Holdings

Market Cap: HK$21.1b

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.

Toyo Tire

Market Cap: JP¥598.7b

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

Guangzhou Automobile Group

Market Cap: CN¥46.2b

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

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.

Foryou

Market Cap: CN¥15.3b

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

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$871.4m

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

Gestamp Automoción

Market Cap: €1.7b

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

DRB-HICOM Berhad

Market Cap: RM 2.0b

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

Yadea Group Holdings

Market Cap: HK$32.2b

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.

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.

Dharma Polimetal

Market Cap: Rp4.4t

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

AIMA Technology Group

Market Cap: CN¥17.5b

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