Global Automobiles Strong Balance Sheet Stocks

Shenzhen Dawei Innovation Technology

Market Cap: CN¥4.3b

Shenzhen Dawei Innovation Technology Co., Ltd.

ECOCABLtd

Market Cap: ₩46.8b

Manufactures and sells automotive cables in South Korea and internationally.

BAIC BluePark New Energy TechnologyLtd

Market Cap: CN¥48.6b

BAIC BluePark New Energy Technology Co., Ltd.

Zhongce Rubber Group

Market Cap: CN¥41.7b

Engages in the research and development, production, and sale of tire products in China.

LinhaiLtd

Market Cap: CN¥2.4b

Engages in the manufacture and sale of all-terrain vehicles, agricultural machinery, forest and fire-fighting machinery, motorcycles, and other spare parts in China.

Ningbo Xusheng Group

Market Cap: CN¥13.8b

Ningbo Xusheng Group Co.,ltd. engages in the research and development, production, and sale of aluminum alloy die-casting, forging, and extrusion and integration precision auto parts and industrial parts in China, the United States, Mexico and Thailand.

Ferrari

Market Cap: €72.8b

Through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.

Martinrea International

Market Cap: CA$738.8m

Engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for automotive sector in North America, Europe, and internationally.

BorgWarner

Market Cap: US$9.4b

Provides solutions for combustion, hybrid, and electric vehicles worldwide.

PHINIA

Market Cap: US$2.3b

Engages in the development, design, and manufacture of integrated components and systems.

Guizhou Guihang Automotive ComponentsLtd

Market Cap: CN¥6.3b

Engages in the research, development, production, and sale of automotive parts in China and internationally.

IKD

Market Cap: CN¥19.3b

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

Hangzhou XZB Tech

Market Cap: CN¥8.8b

Engages in the research and development, production, and sale of precision parts in China and internationally.

Ghandhara Automobiles

Market Cap: PK₨32.6b

Engages in the assembly/progressive manufacturing and sale of passenger cars of Chery SUVs, and JAC trucks in Pakistan.

Indag Rubber

Market Cap: ₹3.3b

Manufactures and sells precured tread rubber and allied products in India and internationally.

Gabriel India

Market Cap: ₹162.4b

Manufactures and sells of ride control products to the automotive industry in India, the Netherlands, and internationally.

Bharat Forge

Market Cap: ₹537.8b

Engages in the manufacture and sale of forged and machined components in India and internationally.

Shandong Longji MachineryLtd

Market Cap: CN¥3.4b

Engages in research, development, production, and sale of automotive brake components in China and internationally.

Shanghai CarthaneLtd

Market Cap: CN¥3.5b

Operates in the auto parts manufacturing industry in China.

Huazhong In-Vehicle Holdings

Market Cap: HK$477.7m

An investment holding company, manufactures, supplies, and sells automobile body parts in Mainland China and internationally.

Seres GroupLtd

Market Cap: CN¥214.6b

Researches and develops, manufactures, sells, and services electric vehicles, auto parts, and other products in China and internationally.

ikuyoLtd

Market Cap: JP¥26.5b

Manufactures, produces, and sells synthetic resin products in Japan.

Foryou

Market Cap: CN¥16.9b

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

Goodyear India

Market Cap: ₹22.6b

Manufactures and sells tyres, tubes, and flaps under the Goodyear brand in India and internationally.

Tube Investments of India

Market Cap: ₹569.5b

Engages in the manufacture and sale of precision engineered and metal formed products to automotive, railway, construction, agriculture, etc.

Bohai Automotive Systems

Market Cap: CN¥4.5b

Manufactures and sells various pistons in China and internationally.

Cube &

Market Cap: ₩67.0b

Manufactures and sells motor vehicles parts and accessories in South Korea, rest of Asia, the United States, Europe, and internationally.

IST

Market Cap: ₹10.1b

Engages in the manufacture and sale of auto components in India.

Hushan Autoparts

Market Cap: NT$7.0b

Manufactures and sells aftermarket door handles for cars in Taiwan and internationally.

Isuzu Motors

Market Cap: JP¥1.4t

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

APM Automotive Holdings Berhad

Market Cap: RM 613.9m

An investment holding company, designs, assembles, manufactures, produces, and distributes automotive and locomotive components in Malaysia, Indonesia, Vietnam, Europe, the United States, Australia, and internationally.

Suprajit Engineering

Market Cap: ₹62.0b

Manufactures and sells automotive cables, halogen lamps, speedometers, and other automotive components in India, the United States, the United Kingdom, Germany, and Luxembourg.

Nishikawa Rubber

Market Cap: JP¥121.9b

Manufactures and sells rubber and sealing products in Japan and internationally.

Hankook Tire & Technology

Market Cap: ₩5.0t

Manufactures and sells tires worldwide.

Chian Hsing Forging Industrial

Market Cap: NT$1.4b

Engages in the manufacture and sale of various forged products in Taiwan.

Rothwell International

Market Cap: ₩36.5b

Engages in the research, development, manufacturing, and sales of automotive electrical products in South Korea.