Mexican Automobiles Potentially Undervalued Companies

Forvia

Market Cap: Mex$4.3b

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

Nemak S. A. B. de C. V

Market Cap: Mex$10.8b

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.

CIE Automotive

Market Cap: Mex$3.2b

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

Subaru

Market Cap: Mex$2.5t

Manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, Asia, and Internationally.

Compagnie Générale des Établissements Michelin Société en commandite par actions

Market Cap: Mex$24.4b

Engages in the manufacture and sale of tires worldwide.

General Motors

Market Cap: Mex$53.8b

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

Lear

Market Cap: Mex$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.

Garrett Motion

Market Cap: Mex$2.2b

Designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors in the United States, Europe, Asia, and internationally.

Aptiv

Market Cap: Mex$16.4b

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.

Stellantis

Market Cap: Mex$24.3b

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.

Goodyear Tire & Rubber

Market Cap: Mex$2.4b

Develops, manufactures, distributes, and sells tires and related products and services worldwide.

Mercedes-Benz Group

Market Cap: Mex$52.1b

Operates as an automotive company in Germany and internationally.

Gestamp Automoción

Market Cap: Mex$2.0b

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

Bridgestone

Market Cap: Mex$4.1t

Manufactures and sells tires and rubber products.

Geely Automobile Holdings

Market Cap: Mex$172.7b

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

Grupo Industrial Saltillo. de

Market Cap: Mex$4.3b

Through its subsidiaries, engages in the design, manufacture, sale, and marketing of auto parts and housewares in Mexico, Europe, and Asia.

Magna International

Market Cap: Mex$17.3b

Manufactures and supplies vehicle engineering, contract, and automotive space.