financetom
Business
financetom
/
Business
/
Ferrari raises some prices in response to U.S auto tariffs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rockpoint Gas Storage Launches C$418 Million - C$484 Million IPO of Class A Shares
Rockpoint Gas Storage Launches C$418 Million - C$484 Million IPO of Class A Shares
Sep 29, 2025
06:55 AM EDT, 09/29/2025 (MT Newswires) -- Rockpoint Gas Storage (RGSI.TO), the largest independent pure play operator of natural gas storage facilities in North America, overnight Friday launched its previously announced initial public offering of class A common shares. The company also announced the start of its roadshow following the filing of an amended and restated preliminary base PREP prospectus...
BDT & MSD's Alliance Laundry targets $4.3 billion valuation in US IPO
BDT & MSD's Alliance Laundry targets $4.3 billion valuation in US IPO
Sep 29, 2025
(Reuters) -Alliance Laundry is targeting a valuation of up to $4.34 billion in its U.S. initial public offering, the commercial laundry equipment maker said on Monday. The Ripon, Wisconsin-based company and its backer, BDT Capital Partners, are aiming to raise up to $751.2 million by offering 34.1 million shares priced between $19 and $22 apiece. October is also shaping up...
BDT & MSD's Alliance Laundry targets $4.3 billion valuation in US IPO
BDT & MSD's Alliance Laundry targets $4.3 billion valuation in US IPO
Sep 29, 2025
Sept 29 (Reuters) - Alliance Laundry is targeting a valuation of up to $4.34 billion in its U.S. initial public offering, the commercial laundry equipment maker said on Monday. The Ripon, Wisconsin-based company and its backer, BDT Capital Partners, are aiming to raise up to $751.2 million by offering 34.1 million shares priced between $19 and $22 apiece. October is...
Alliance Laundry Announces Launch of Initial Public Offering
Alliance Laundry Announces Launch of Initial Public Offering
Sep 29, 2025
RIPON, Wis., Sept. 29, 2025 /PRNewswire/ -- Alliance Laundry Holdings Inc. (Alliance Laundry), the global leader in commercial laundry equipment, today announced it has launched the roadshow for the initial public offering of 34,146,340 shares of its common stock, with 24,390,243 shares to be offered by Alliance Laundry and 9,756,097 shares to be offered by a selling stockholder pursuant to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved