The report stated that Hitachi has agreed to sell most of its stake to Faurecia in a deal that will make the company a majority owner.
Japanese giants, Hitachi, confirmed it was considering a number of options but has yet to make a firm decision, according to Reuters.
With a number of automotive manufacturers adopting new technologies such as self-driving vehicles, autonomous driving and connected cars, it has meant that companies are having to react to change in order to keep up with the latest digital trends.
