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Ferrari raises some prices in response to U.S auto tariffs
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Ferrari raises some prices in response to U.S auto tariffs
Mar 27, 2025 8:21 AM

ROME, March 27 (Reuters) - Ferrari plans to

increase the prices of some of its cars sold in the United

States in response to new tariffs, the luxury carmaker said on

Thursday, adding it would stick largely to its financial targets

for this year.

The U.S. on Wednesday announced a 25% tariff on auto imports

shaking the whole sector worldwide, as global vehicle suppliers

warned of immediate price hikes and fears raise of job losses in

countries with a large car industry.

The new levies on cars and light trucks will take effect on

April 3.

Ferrari, which manufactures all its cars at its Maranello

facility, in northern Italy, said it would increase prices, by a

maximum of 10%, on all models imported after April 2, in

coordination with its dealer network.

Terms will be the same for all orders imported before that

date and for all 296, SF90 and Roma models regardless of the

import date, it added.

The group confirmed financial targets for 2025 set last

month adding there could be some impact on its profitability

goals.

"(There is) a potential risk of 50 basis points reduction on

profitability percentage margins (EBIT and EBITDA margins)," it

said in a statement.

In February it said it saw an EBIT margin of at least 29% in

2025 and an EBITDA margin of at least 38.3%.

(Writing by Giulia Segreti and Giulio Piovaccari, editing by

Alvise Armellini and Keith Weir)

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