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Ferrari responds to US tariffs with price hikes up to 10%

Targets confirmed but risk of reduction in profitability margins

Ferrari responds to US tariffs with price hikes up to 10%

Redazione Ansa

(ANSA) - ROME, MAR 27 - Ferrari on Thursday responded to US President Donald Trump's 25% tariffs on auto vehicles and parts with price hikes of up to 10%, the glamour sportscar maker said.
    The Maranello-based company confirmed its financial targets, even if there is a risk of a reduction of 50 basis points on the percentage margins of profitability (EBIT and EBITDA percentage margins).
    The commercial conditions will remain unchanged for orders of all models imported before 2 April 2025 and for orders of the three Ferrari 296, SF90 and Roma families, it said. (ANSA).
   

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