Latest news with #FerrariN.V
Yahoo
06-05-2025
- Automotive
- Yahoo
Is Ferrari N.V. (RACE) Among the Best Car Stocks To Buy In 2025?
We recently compiled a list of the 13 Best Car Stocks To Buy In 2025. In this article, we are going to take a look at where Ferrari N.V. (NYSE:RACE) stands against the other car stocks. Car stocks are the stock holdings of businesses engaged in the automotive market, such as those that produce automobiles, auto parts, or industry-related services. According to Reuters, U.S. new car sales in 2024 grew significantly from their pandemic lows due to increased production, restocked inventory, and growing demand for hybrid cars. As per Wards Intelligence, new car sales in the United States hit 15.9 million in 2024, up 2.2% from 2023 and the highest since 2019. In 2025, S&P Global forecasts that global sales of new light vehicles, or passenger cars and trucks, are projected to rise 1.7% to 89.6 million units. The overall reduction of 2025 automotive estimates reflects anticipated changes in US policy following the election. There will be significant impacts on the demand for vehicles as a result, particularly on interest rates, trade flows, sourcing, and the rates of BEV adoption. Colin Couchman, executive director of global light vehicle forecasting for S&P Global Mobility, commented: '2025 is shaping up to be ultra-challenging for the auto industry, as key regional demand factors limit demand potential and the new US administration adds fresh uncertainty from day one,' 'A key concern is how 'natural' EV demand fares as governments rethink policy support, especially incentives and subsidies, industrial policy, tariffs, and fast evolving OEM target setting.' Chris Hopson, principal analyst at S&P Global Mobility, recently stated that consumers who are considering buying a new car are hurrying to dealers before possible price implications become apparent. The sales spikes in March and April might open the way for future volatility. In the next three months, automakers will face new, tariffed inventory and production levels in addition to unstable economic conditions. In response to industry criticism, President Trump recently introduced a two-year relief provision linked to domestic sales and manufacturing volume, which loosened the recently imposed 25% tariffs on cars and parts. Now, automakers with U.S. factories can deduct import taxes on parts, starting at 3.75% of the suggested retail price of a car in the first year, and then 2.5% in the second year. Vehicles with 85% U.S., Canadian, or Mexican parts are exempt from tariffs, which will rise to 90% by next year. Furthermore, the administration exempted these companies from overlapping taxes on Canadian and Mexican commodities, steel, and aluminum. After industry groups warned that the duties, which went into effect in March for automobiles and on May 3 for parts, would increase auto prices, lower sales, and negatively impact service costs, the move was made.
Yahoo
06-05-2025
- Automotive
- Yahoo
Why Ferrari N.V. (RACE) Is Surging in 2025
We recently published an article titled Why These 15 Vehicles & Parts Stocks Are Surging In 2025. In this article, we are going to take a look at where Ferrari N.V. (NYSE:RACE) stands against the other vehicles and parts stocks. Certain automotive companies have held up surprisingly well in the current environment, and that's especially true with companies that supply automotive parts. The high interest rate regime was supposed to crush automotive companies across the board, and early tariffs specifically targeted countries that produced the most automotive parts for the U.S. Even then. These stocks have done well since high interest rates have made it difficult for low-income consumers to buy new cars. Instead, they have opted for repairing their existing vehicles, which has been a tailwind for automotive parts companies for the past two years. The average age of vehicles was already at a record 12.6 years in 2024, so this tailwind isn't going away anytime soon. Customers who have higher incomes have kept on buying new vehicles. It is mostly because of them that consumer spending has held up across the board. Here are the biggest winners from this trend. Even during bear markets, there are pockets of the market that perform exceptionally well. For example, I identified 15 Financial Services Stocks that are up the Most in 2025 in another article. Methodology For this article, I screened the best-performing vehicles & parts stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Jim Cramer on Ferrari N.V. (RACE)'s Luxury Advantage: 'No Resistance to Price' A classic Ferrari sports car against a lush green hillside, symbolizing the company's luxurious performance. Ferrari N.V. (NYSE:RACE) Number of Hedge Fund Holders In Q4 2024: 37 Ferrari N.V. (NYSE:RACE) designs and manufactures high-performance luxury sports cars and competes in Formula 1 racing worldwide. Ferrari N.V. (NYSE:RACE)'s stock has seen significant growth in 2025, primarily due to its strong financial performance and strategic commercial policy updates. In March 2025, Ferrari announced an update to its commercial policy regarding import tariffs on EU cars into the USA. The company decided to maintain unchanged commercial terms for orders of all models imported before April 2, 2025, and for three specific model families (Ferrari 296, SF90, and Roma), regardless of import date. For other current models, Ferrari N.V. (NYSE:RACE) implemented a maximum 10% price increase in coordination with its dealer network. Despite these tariff challenges, Ferrari confirmed its financial targets for 2025, noting only a potential risk of 50 basis points reduction in profitability percentage margins.
Associated Press
17-03-2025
- Automotive
- Associated Press
Ferrari N.v.: Report on the Share Buyback Related to Granting Share Process
Maranello (Italy), March 17, 2025 – Ferrari N.V. (NYSE/EXM: RACE) ('Ferrari' or the 'Company') informs that on March 13, 2025, in the Ferrari Group employees' granting share process, the Company assigned No. 113,466 common shares held in treasury. On the same day Ferrari purchased at the average price of Euro 414.0109 per share, in a 'cross order' transaction executed on the EXM, No. 47,907 common shares sold by the assignees in order to cover their individual's taxable income as standard practice (Sell to Cover). As of March 14, 2025, the Company held in treasury No. 15,720,318 common shares equal to 8.71% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company's equity incentive plan. Since the start of the multi-year share buyback program of approximately Euro 2 billion announced during the 2022 Capital Markets Day, on July 1, 2022, until March 14, 2025, the Company has purchased a total of 5,011,020 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 1,642,569,697.35. ).
Associated Press
07-03-2025
- Automotive
- Associated Press
Ferrari N.v.: Completion of the Seventh Tranche of the Multi-Year Share Repurchase Program
Maranello (Italy), March 7, 2025 – Ferrari N.V. (NYSE/EXM: RACE) ('Ferrari' or the 'Company') informs that, following the accelerated bookbuild offering made by Exor N.V. on February 26, 2025, the Company participated in the offering by purchasing No. 666,666 common shares for a total consideration of 299,999,700 Euro (the 'Transaction'). The Transaction constituted the seventh tranche (the 'Seventh Tranche') of the multi-year share buyback program of approximately Euro 2.0 billion announced during our 2022 Capital Market Day (the 'Program') and it settled on March 3, 2025. As of March 6, 2025, following the completion of the Seventh Tranche, the Company held in treasury No. 15,785,877 common shares equal to 8.73% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company's equity incentive plan. From the start of the Program, on July 1, 2022, until March 6, 2025, the Company has purchased a total of 4,963,113 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 1,622,735,677.17. A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari's corporate website under the Buyback Programs section ( ).
Yahoo
21-02-2025
- Automotive
- Yahoo
FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F
Maranello (Italy), February 21, 2025 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2024. The 2024 Sustainability Statement, prepared for the first time in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in the 2024 Annual Report. Ferrari's 2024 Annual Report and annual report on Form 20-F are available under section Investors on Ferrari's corporate website at where they can be viewed and downloaded1. Shareholders may request a hard copy of these materials, which include Ferrari's audited financial statements, free of charge, through the contact below. For further information:Media Relationstel.: +39 0536 949337Email: media@ ______________________1 The 2024 Annual Report, including information concerning The Netherlands as Home Member State, and the annual report on Form 20-F are available on the Company's corporate website ( at and at Attachment FNV 2024 20-F and AR Filing PR 21.2.25 eng
