Have you heard about Renault's latest successes? $RNO (-1,67%) yet? Despite the difficult situation in the car industry, the French car manufacturer achieved a turnover of 56.2 billion euros last year - an increase of 7.4 percent! 🚗

Operating profit even climbed to around 4.3 billion euros, which corresponds to an increase of almost 4 percent. Renault thus exceeded the expectations of analysts, who had predicted 4.2 billion euros. The company not only achieved its annual targets, but also exceeded its own target of 7.5 percent with an operating return on sales of 7.6 percent.

Despite this positive news, however, Renault had to accept a book loss from the sale of shares in Nissan $NISA shares in Nissan. Without this effect, profit would have risen to 2.8 billion euros - an increase of 21 percent compared to the previous year.

Despite a fall in net profit to 752 million euros compared to 2.2 billion euros in the previous year, Renault plans to increase the dividend for shareholders next year. What do you think about the future of Renault and developments in the automotive industry?