Global Automobiles Healthy potentially undervalued

Martinrea International

Market Cap: CA$729.6m

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.

Bayerische Motoren Werke

Market Cap: €40.5b

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

Mercedes-Benz Group

Market Cap: €43.8b

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

Toyo Tire

Market Cap: JP¥562.9b

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

IKD

Market Cap: CN¥14.7b

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

Foryou

Market Cap: CN¥13.1b

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

Sailun Group

Market Cap: CN¥38.4b

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¥132.6b

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

Chery Automobile

Market Cap: HK$150.8b

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

Geely Automobile Holdings

Market Cap: HK$209.1b

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

Kia

Market Cap: ₩60.6t

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

Apollo Tyres

Market Cap: ₹241.5b

Manufactures and sells automotive tires, tubes, and flaps in India and internationally.

Aumovio

Market Cap: €3.8b

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$34.7b

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.

Iochpe-Maxion

Market Cap: R$1.3b

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

HUAYU Automotive Systems

Market Cap: CN¥52.5b

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

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.

Johnson Electric Holdings

Market Cap: HK$20.1b

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.

Nexen Tire

Market Cap: ₩692.9b

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.

Guangzhou Automobile Group

Market Cap: CN¥48.2b

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.

Dana

Market Cap: US$3.8b

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

Amotiv

Market Cap: AU$841.9m

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

Isuzu Motors

Market Cap: JP¥1.4t

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

DRB-HICOM Berhad

Market Cap: RM 2.1b

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

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¥34.9b

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

Yadea Group Holdings

Market Cap: HK$32.5b

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.

Dharma Polimetal

Market Cap: Rp4.4t

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

Stellantis

Market Cap: €16.8b

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

AIMA Technology Group

Market Cap: CN¥17.4b

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

Renault

Market Cap: €7.3b

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.