A senior executive of Taiwan-based contract manufacturer Foxconn is in France to discuss a potential stake purchase in Nissan Motor from the Japanese automaker's biggest shareholder Renault, Central News Agency reported on Thursday.
Jun Seki, a former Nissan executive who now leads Foxconn's electric vehicle business, is in France to meet Renault officials, the official Taiwanese news agency reported, citing a source familiar with the matter.
A source familiar with the situation told Reuters that Foxconn is in talks with Renault to buy at least some of the French firm's holding in Nissan and Seki is in France for these talks.
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