From CNBC: 2025-03-27 11:51:00

Ferrari will raise prices by 10% on certain models after April 1 due to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari. Popular models like the Purosangue SUV could see price hikes of up to 10%. President Trump announced tariffs of 25% on all cars not made in the U.S. Ferrari produces all cars in Maranello. Last year, Ferrari produced 13,752 cars and plans to launch its first all-electric Ferrari in October. Despite potential risk to profitability margins, Ferrari confirms its financial targets for 2025. CEO Vigna emphasized the importance of treating Ferrari buyers with respect amid price hikes due to tariffs. Ferrari shares were slightly higher, while U.S. automakers’ shares were lower.



Read more at CNBC: Ferrari to raise prices by 10% on some models to offset auto tariffs