Some Ferrari cars to get costlier by 10% in the US, thanks to Trump's 25% auto tariffs

US auto tariffs, the luxury carmaker said. Ferrari said it would stick largely to its financial targets for this year, according to a report in news agency Reuters. The new levies on cars and light trucks will take effect on April 3.

Ferrari announced that pricing for models imported before April 2 will remain unchanged. However, starting from that date, “new import conditions will be partially reflected in pricing,” with increases of up to 10%. This means the Maranello, Italy-based automaker will absorb part of the 25% tariff hike introduced by Trump on Wednesday.

«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,» the company said in a statement.

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These models to be exempted

Ferrari, which manufactures all its cars at its Maranello facility, in northern Italy, said it would increase prices, by a maximum of 10%, on all models imported after April 2, in coordination with its dealer network. Terms will be the same for all orders imported before that date and for all 296, SF90 and Roma models regardless of the import date, it added.

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The company also confirmed that three models—the Ferrari 296, SF90, and Roma—will be exempt from the price increases.

Despite the tariff impact, Ferrari acknowledged the potential for a 50-basis-point reduction in profit margins. The company had set a target of 29% operating