Ferrari famously only produced roadgoing sports cars as a means of funding its racing ... limiting production of its highly-sought-after models to maintain desirability, which is in no short ...

Ferrari said the price hikes would apply to all models except the 296, SF90, and Roma, and to those imported after April 2.

Ferrari CEO Benedetto Vigna warned in March the carmaker was ready with countermeasures in the event of tariffs.

Ferrari will increase prices up to 10% on certain models in response to potential new import tariffs on EU cars into the USA, while holding prices steady for some models and orders placed before April 2,

Ferrari, which manufactures all its vehicles at its Maranello facility in northern Italy, stated that prices will increase by up to 10% for all models imported after April 2, in collaboration with its dealer network. However, orders imported before that date, as well as 296, SF90, and Roma models, will remain unaffected.

Ferrari had a quick response to President Donald Trump’s 25% tariffs imposed on vehicles imported to the US. The Italian brand announced it will increase prices of certain models by up to 10%, although it will fully absorb the tariffs in others.

Luxury Italian carmaker Ferrari said Thursday it would increase its prices on most of its vehicles sold to the US from next week following Donald Trump's announcement of steep tariffs. Ferrari said Thursday that the impact of the tariffs would be partially reflected in its pricing for almost all imports after April 2.