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ferrari remains resilient amid looming us tariff threats to auto industry

Trump's tariff threats have unsettled Europe's auto industry, but Ferrari remains largely unaffected, as it produces exclusively in Italy and can pass on potential tariff costs to its affluent customers. Analysts believe that even significant tariffs would not deter demand for Ferrari's luxury vehicles, contrasting with the challenges faced by competitors like Porsche, which may struggle to absorb higher costs.
CNBC
Euro Mercedes-Benz Group AG Ferrari N.V. Volkswagen AG Renault SA MEX CAN DEU ITA USA Thomas Besson Anthony Dick Tom Narayan Rella Suskin Show more
Finance & Economy, Market Report
11:11 28.11.2024
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