Ferrari raises the prices of some models in response to Trump’s definitions

Ferrari, Italian car manufacturer Luxury sport, announced on Thursday in a statement The prices of some of their models will riseUp to 10 %, in the United States. Increased prices, which will enter into force on April 2, is the first concrete response to European management of Trump administration.

Italian company He indicated that he will update his trade policy “Based on the initial information currently available to introduce definitions on the import of cars from the European Union in the United States.”

On Wednesday, US President Donald Trump signed a declaration to impose 25 % of the fees on car imports, which aim to “aim” toAll vehicles that have not been manufactured in the United StatesFerrari makes all its cars in Maranello, in the northern part of Italy.

In your statement, Ferrari Company He pointed out that three of its models, specifically Ferrari 296, SF90 and Rome, will not be affected by the change of politics. For all the remaining forms, New import conditions will be partially reflected in pricesWhich will record up to the maximum of 10 %, in coordination with our agents network. ”The Transalpine is added.

Price increase It will increase the costs between $ 25,000 (About 23200 dollars) and 350,000 dollars (about 325,000 euros), according to the model. next to, Italian company He also pointed out that its financial goals by 2025 are at risk of suffering “reduce 50 basic points on the margins of the percentage of profitability.”

Ferrari recorded a net profit of 1.5 billion euros in 2024, 21.3 % more than the previous year. The margin of its operating merit was 28.3 %, which reflects a 7 % increase. The company expects revenues more than 7,000 million euros by 2025That is, 5 % growth compared to last year. The profit margin was expected to be in 29 % this year, compared to 28.3 % than 2024. “The reduction of 50 basic points” would leave it in a slightly more profitable position last year.

The effect of Trump’s tariff on the Ferrari price

Ferrari stock price Recovery from the minimum session It ended with 1.82 %, at 391.5 euros per share on Thursday, unlike the wider fall in other European vehicles. but, The shares of the Italian car manufacturer are still losing 4.6 % this year Amid trade tensions between the United States and the European Union. His actions decreased by almost 20 % after reaching the historical maximum on February 18.

He sold Ferrari’s largest contributor, Exor, 4 % of his posts at the end of last February. That is, separate from about 7 million procedures, which He unleashed a collective sale of the cars manufacturer’s addresses. Trump tariff threats and subsequent measures have pressed the price of shares.

The United States was greater Ferrari Individual MarketWith about a quarter of its sales. In 2024, the company sent 13,752 cars worldwide, with 3452 units that were exported to the United States. Sales increased by 6 % year -over the course of North AmericaThe largest increase among all regions.

A widespread decrease in the actions of European car manufacturers

The actions of the main European cars manufacturers have fallen After announcing Trump’s tariff for the auto industry On Thursday, with a decrease in the EURO Stoxx 600 by 2.4 %. Stelantis, based in the Netherlands, has witnessed its shares decreased by 4.3 % and reached its lowest level since October 2022. Car manufacturers in Germany, including Mercedes -Benz, Volkswagen, Porsche and BMW, decreased between 2 % and 3 %.

The European Commission President, Ursula von der Lin, responded in a statement on Wednesday, Express his deep regret for the US decision To impose definitions on European car exports. He also confirmed that the European Union “will continue to search for negotiation solutions, Protection at the same time their economic interests“.