After record losses, the French car manufacturer Renault ended the past year in the black again and is still on the road to recovery.

The profit was 967 million euros, as Renault announced on Friday in Boulogne-Billancourt near Paris.

In 2020, the company had made a loss of eight billion euros in the Corona crisis.

Group sales rose by 6.3 percent to 46.2 billion euros in 2021.

Having surpassed its self-imposed targets, the automaker is eyeing a faster repayment of government loans granted during the crisis.

Instead of 2024, the four billion euros are to be repaid in full in 2023 and possibly already in the current year, after one billion was repaid last year, it said.

Renault's lack of chips continues to cause problems.

After around 500,000 cars could not be built as planned last year due to delivery problems with electronic components, this will be around 300,000 vehicles this year, Renault announced.