Ferrari CEO says

Chief Executive Director Ferrari On Thursday, the company was prepared for potential tariffs for US European automakers.

“We are ready with some counterman,” said the CEO of Ferrari Benedetto Vigna, Robert Frank in CNBC in Converge Live on Singapore on Thursday without providing the plan specifics.

“You expect the publication of the official number,” he said, citing the threat of US President Donald Trump’s tariffs “In the neighborhood 25%” on world car manufacturers.

“We see that it will happen in the following months, in the following weeks … We are on the same boat in terms of tariffs,” he added.

Were the European automakers Contact the uncertainty of trade policy In recent months, with the threat that in the US the tariffs for raising the alarm among many manufacturers of original equipment (manufacturers manufacturers).

Tariffs are expected to have a deep impact on the car industry, given the highly globalized supply networks and great dependence on production operations across North America, especially in Mexico.

Tariffs for auto-page companies that currently meet the standards in accordance with the US-Mexico Cape or USMCA agreement were stopped earlier this month before April 2.

Analysts – Note At the end of last year, they expect Ferrari to be an exception in the European automotive sector. A company that supposedly conveys any price increase, only produces its cars in Italy.

Vigna comments come shortly after the luxury of an Italian car reported Significant rise in 2024. Net incomeReferring to a strong mixture of products and increasing demand for personal touchs to its vehicles.

The company also remains on the way to the iconic opening of the first completely electric car at the end of the year, Vigna said. It is planned that the launch will take place on October 9 at Maranello firm in Italy.

The upcoming EV model that will be made in Italy is one of the six new models that the company plans to present this year.

The stocks listed by Milan increased about 0.5% a year.