Ferrari will raise prices by 10% ahead of new U.S. tariffs
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Following Donald Trump's announcement of a 25% tariff on imported cars to the U.S. starting April 2nd, Ferrari – which manufactures its supercars in Maranello, Italy – responded immediately. In a press release, the company stated it would raise the prices to a maximum 10%, which could add up to $50,000 to the cost. The price hike will take effect no earlier than April 2nd.
Ferrari confirmed that all cars imported after April 2nd will see a 10% maximum price increase, except for the Ferrari 296, SF90, and Roma models.
In 2024, Ferrari produced 13,752 cars and will launch its first all-electric Ferrari in October 2025. The company also reaffirmed its commitment to meeting its financial targets for 2025, despite the risk of losing 50 basis points on profitability margins.
Ferrari confirmed that all cars imported after April 2nd will see a 10% maximum price increase, except for the Ferrari 296, SF90, and Roma models.
In 2024, Ferrari produced 13,752 cars and will launch its first all-electric Ferrari in October 2025. The company also reaffirmed its commitment to meeting its financial targets for 2025, despite the risk of losing 50 basis points on profitability margins.