FERRARI: COMMERCIAL POLICY UPDATE
Ferrari (NYSE/EXM: RACE) has announced an update to its commercial policy in response to new import tariffs on EU cars into the USA.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Ferrari (NYSE/EXM: RACE) has announced an update to its commercial policy in response to new import tariffs on EU cars into the USA. The company will:
- Maintain current pricing for all models imported before April 2, 2025
- Keep unchanged prices for Ferrari 296, SF90, and Roma models regardless of import date
- Implement up to 10% price increases for remaining models affected by new import conditions
While maintaining its commitment to client protection, Ferrari confirms its 2025 financial targets, though noting a potential risk of 50 basis points reduction in profitability percentage margins (EBIT and EBITDA margins).
Positive
- Price protection maintained for Ferrari 296, SF90, and Roma models
- 2025 financial targets maintained despite tariff impact
- price increase capped at 10% for affected models
Negative
- Up to 10% price increase for some models due to US import tariffs
- Potential 50 basis points reduction in EBIT and EBITDA margins
- New tariffs affecting pricing strategy in key US market
Details
News Market Reaction – RACE
The recorded move for RACE in the trading session of this news was +3.16%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FERRARI: COMMERCIAL POLICY UPDATE
Maranello, 27 March 2025 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces it will update its commercial policy, based on the preliminary information currently available regarding the introduction of import tariffs on EU cars into the USA.
While reaffirming its commitment to maximum client attention and protection and with the goal to provide certainty to them:
- The commercial terms will remain unchanged for orders of all models imported before April 2, 2025 and for orders of the following three families - Ferrari 296, SF90 and Roma - regardless the import date.
- For the current remaining models, the new import conditions will be partially reflected on pricing, up to a maximum 10 per cent increase, in coordination with our dealer network.
On such basis, Ferrari confirms its financial targets for 2025, with a potential risk of 50 basis points reduction on profitability percentage margins (EBIT and EBITDA margins).
For further information:
Ferrari Press Office
tel.: +39 0536 949337
Email: media@ferrari.com
Attachment
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.