Tuesday, April 22, 2025
spot_img

FERRARI: COMMERCIAL POLICY UPDATE

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: [email protected]

Attachment

  • 2025_03_27 – Ferrari_Commercial_policy

Powered by SlickText.com

Hot this week

GivBux, Inc. Finalizes Terms of Special Warrant Dividend for Shareholders – Correction

Newport Beach, Calif., April 21, 2025 (GLOBE...

Navitas Semiconductor to Report Q1 2025 Financial Results on Monday, May 5th, 2025

Navitas Semiconductor to Report Q1 2025 Financial...

Clover Health to Participate in Upcoming Investor Conferences

WILMINGTON, Del., April 21, 2025 (GLOBE NEWSWIRE)...

Topics

spot_img

Related Articles

Popular Categories

spot_img