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.

CIE Automotive

Market Cap: Mex$3.5b

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, 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.

Stellantis

Market Cap: Mex$26.6b

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.

Garrett Motion

Market Cap: Mex$3.3b

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.

Goodyear Tire & Rubber

Market Cap: Mex$2.2b

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

Gestamp Automoción

Market Cap: Mex$1.6b

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.

Lear

Market Cap: Mex$5.7b

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.

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, Asia, Spain, the Czech Republic, Poland, Italy, and China.

Nemak S. A. B. de C. V

Market Cap: Mex$11.7b

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.

Li Auto

Market Cap: Mex$20.6b

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

Magna International

Market Cap: Mex$19.9b

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

Continental

Market Cap: Mex$12.9b

Manufactures tire and develops and produces solutions for automotive manufacturers, industrial, and end customers worldwide.