Global Automobiles Undervalued based on future growth

Mercedes-Benz Group

Market Cap: €40.7b

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

Kia

Market Cap: ₩55.0t

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

Geely Automobile Holdings

Market Cap: HK$181.8b

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

Chery Automobile

Market Cap: HK$141.4b

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

Great Wall Motor

Market Cap: HK$129.0b

Engages in the manufacture and sale of automobiles, and automotive parts and components in the People's Republic of China, Europe, ASEAN countries, Latin America, the Middle East, Australia, South Africa, and internationally.

SAIC Motor

Market Cap: CN¥111.7b

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

Lear

Market Cap: US$6.7b

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.

Ford Otomotiv Sanayi

Market Cap: ₺296.7b

Engages in the manufacturing, assembly, production, import, and sale of motor vehicles and spare parts in Turkey and internationally.

Zhongce Rubber Group

Market Cap: CN¥39.1b

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

Sailun Group

Market Cap: CN¥36.0b

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.

Hankook Tire & Technology

Market Cap: ₩7.7t

Manufactures and sells tires in South Korea and internationally.

Ninebot

Market Cap: CN¥27.5b

Engages in the research and development, production, sale, and servicing of short-distance transportation and robot products in China and internationally.

Minth Group

Market Cap: HK$31.0b

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

Changzhou Xingyu Automotive Lighting Systems

Market Cap: CN¥25.6b

Engages in the research, design, manufacturing, and sale of automotive lights in China and internationally.

Loncin Motor

Market Cap: CN¥24.5b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan and internationally.

Valeo

Market Cap: €3.1b

A technology company, designs, produces, and sells products and systems for the automotive markets in France, other European countries, Africa, North America, South America, and Asia.

Yadea Group Holdings

Market Cap: HK$27.1b

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.

Sumitomo Rubber Industries

Market Cap: JP¥555.6b

Provides tires, sports, and industrial and other products in Japan and internationally.

Tofas Türk Otomobil Fabrikasi Anonim Sirketi

Market Cap: ₺154.0b

Engages in manufacturing, exporting, and selling passenger cars and light commercial vehicles in Turkey.

AIMA Technology Group

Market Cap: CN¥16.9b

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

Toyota Boshoku

Market Cap: JP¥379.8b

Develops, manufactures, and sells automotive interior systems in Japan, the United States, China, and internationally.

Johnson Electric Holdings

Market Cap: HK$18.0b

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.

Shandong Linglong TyreLtd

Market Cap: CN¥15.2b

Designs, manufactures, develops, and sells tires in the People’s Republic of China.

OPmobility

Market Cap: €1.9b

Designs and produces intelligent exterior systems, customized complex modules, lighting systems, energy storage systems, and electrification solutions for all mobility players in Europe, North America, China, rest of Asia, South America, the Middle East, and Africa.

IKD

Market Cap: CN¥15.0b

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

Qingdao Sentury Tire

Market Cap: CN¥13.7b

Engages in the research, development, production, and sale of radial tires and aircraft tires in China and internationally.

Gestamp Automoción

Market Cap: €1.6b

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

SL

Market Cap: ₩2.7t

Manufactures and sells automotive parts in South Korea, North America, China, India, Europe, South America, and internationally.

Hankook

Market Cap: ₩2.3t

Manufactures and sells smart energy solutions.

Adient

Market Cap: US$1.4b

Engages in the design, development, manufacture, and market of seating systems and components for passenger cars, commercial vehicles, and light trucks in United States.

VOYAH Automotive Technology

Market Cap: HK$10.7b

Imports and distributes vehicles and provides related repair and maintenance services.

Nexteer Automotive Group

Market Cap: HK$9.6b

A motion control technology company, develops, manufactures, and supplies steering and driveline systems to original equipment manufacturers in North America, Europe, the Middle East, Africa, the Asia-Pacific, and internationally.

Kunshan Huguang Auto HarnessLtd

Market Cap: CN¥8.0b

Engages in the research and development, production, and sales of wiring harnesses for passenger vehicles in China.

Zhejiang Songyuan Automotive Safety SystemsLtd

Market Cap: CN¥7.8b

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

Wuxi Zhenhua Auto PartsLtd

Market Cap: CN¥7.8b

Manufactures and sells auto parts in China.

Frasle Mobility

Market Cap: R$5.9b

Provides friction materials for braking systems and other products in Brazil, England, Argentina, the United States, China, India, Uruguay, Holland, Chile, Colombia, Germany, South America, and internationally.