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Ferrari ( (IT:RACE) ) has provided an announcement.
On March 27, 2025, Ferrari announced an update to its commercial policy in response to potential import tariffs on EU cars into the USA. While maintaining current commercial terms for certain models, Ferrari will implement up to a 10% price increase on other models, affecting its profitability margins slightly. Despite these changes, Ferrari remains confident in meeting its financial targets for 2025.
More about Ferrari
Ferrari N.V. is a prominent player in the luxury automotive industry, known for its high-performance sports cars and commitment to excellence. The company focuses on delivering premium vehicles with a strong emphasis on innovation and client satisfaction.
YTD Price Performance: -0.65%
Average Trading Volume: 396,388
Technical Sentiment Signal: Sell
Current Market Cap: $104.5B
See more data about RACE stock on TipRanks’ Stock Analysis page.