Ferrari Surges to 118th in Trading Volume with 6.34 Billion in Volume and 3.16% Stock Price Increase Amid U.S. Tariff Hike

On March 27, 2025, Ferrari's trading volume reached 6.34 billion, marking a 43.23% increase from the previous day. This surge placed Ferrari at the 118th position in terms of trading volume for the day. Ferrari's stock price also rose by 3.16%.

Ferrari, which manufactures all its cars at its Maranello facility in northern Italy, has announced plans to increase prices by up to 10% on all models in response to new U.S. auto tariffs. This price adjustment is aimed at mitigating the impact of the tariffs, which are set to start on April 3. The Italian carmaker has stated that prices for the Ferrari 296, SF90, and Roma models will remain unchanged, while all other models ordered after April 2 will be subject to the price increase.

Ferrari's decision to raise prices comes as the U.S. imposes a 25% tariff on foreign vehicles, a move that threatens European luxury car brands heavily reliant on the U.S. market. The tariffs are expected to significantly impact the sales and profitability of these brands, which include Porsche and Mercedes-Benz from Germany. Ferrari's proactive response to the tariffs reflects its strategy to maintain profitability in the face of rising costs and potential market disruptions.