Ferrari CEO says carmaker is 'ready' with countermeasures as Europe's automakers brace for tariffs

Ferrari has 'countermeasures' for possible US tariffs

Ferrari CEO Benedetto Vigna said Thursday that the luxury Italian sports car manufacturer is ready if United States President Donald Trump's administration imposes hefty tariffs on European auto imports. (ANSA)

Ferrari CEO says carmaker is 'ready' with countermeasures as Europe's automakers brace for tariffs

"We are watching what's going to happen in the next month, next weeks," said the Ferrari CEO at CONVERGE LIVE. "We are on the same boat in terms of tariffs."

Ferrari plans to counter potential U.S. tariffs

Ferrari CEO announces scenario planning to mitigate potential U.S. tariffs’ impact on European automakers. In Short Ferrari’s CEO announced they are preparing for potential U.S. tariffs on European automakers while monitoring trade policy impacts. Despite concerns, analysts suggest Ferrari may face less disruption due to its exclusive manufacturing in Italy. Ferrari’s CEO, Benedetto Vigna, announced plans to prepare for possible U.S. tariffs on …

Ferrari CEO: Benedetto Vigna. Ferrari CEO said that the company is making a “scenario planning” for possible U.S. tariffs. Ferrari considers itself in a favorable position vis-à-vis other European manufacturers facing the threat of tariffs. The company reported an increase in its profits of 2024 and will launch its first electric vehicle by the end of 2025. Ferrari’s top leader stated that his company is carrying out a “scenario planning” to cou…