Valeo may seek to block its biggest shareholder’s right to vote at this month’s annual meeting in the fight against an audacious demand to take more than half the seats on its supervisory board and impose a strategy review.

Thierry Morin, chief executive of the French car parts maker, told the Financial Times he would use “all the means that are legal and that are adequate with corporate governance” to block eight board nominations from Pardus Capital, a US investment fund holding 13.5 per cent of the group.