Ferrari NV
Stocks making the biggest moves midday: Generac, Shake Shack, Microsoft, Meta & more
Check out the companies making the biggest moves midday: Generac — The generator company gained 8% after Bank of America raised its price target on the stock, highlighting the company’s entry into data centers . Baxter International — Shares fell around 20% after the health-care company reported weaker-than-expected results for the second quarter. Baxter reported […]
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Ferrari shares slump 12% in biggest drop since 2016 listing
People walk by a Ferrari dealership in New York City. Spencer Platt | Getty Images News | Getty Images Ferrari shares fell more than 12% on Thursday, setting the stock for its biggest one-day drop since its listing nine years ago, even as the luxury sports car maker maintained its guidance, although it said it […]
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A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector
A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images U.S. President Donald Trump has hailed the framework trade agreement with the European Union as the biggest trade deal ever made and one that promises to be “great […]
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China extends an olive branch to Western auto giants over rare earth shortage
Workers assemble cars on the assembly line at the Volkswagen automobile factory on March 07, 2025 in Wolfsburg, Germany. Sean Gallup | Getty Images News | Getty Images China appears to have offered U.S. and European auto giants something of a reprieve after industry groups warned of increasing production threats over a rare earth shortage. […]
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How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated
A 2025 Ford Expedition with bronze trim on April 30, 2025 at the automaker’s Kentucky Truck Plant. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolls off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion — […]
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Disney announces an Abu Dhabi theme park and resort
A new Disney theme park is coming to Abu Dhabi. The Walt Disney company announced Wednesday that it has reached an agreement with immersive destination and experiences company Miral to bring a park and resort to Yas Island in the United Arab Emirates. This will be Disney’s seventh theme park resort and it will be fully […]
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Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit
The Ferrari brand logo, the coat of arms with the lettering and a rising horse (cavallino rampante), can be seen on the rim of a vehicle from the sports car manufacturer in Munich (Bavaria) on April 6, 2025. Picture Alliance | Picture Alliance | Getty Images Luxury carmaker Ferrari on Tuesday reported a significant upswing […]
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Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs
An employee mounts a VW logo on a new Volkswagen Tiguan at the VW main plant. Picture Alliance | Picture Alliance | Getty Images Auto giants have responded to U.S. President Donald Trump’s tariffs by announcing plans to raise prices, impose import fees, pause production and even lay off staff. As part of plans designed […]
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Ferrari says it will raise prices by 10% on some models to offset auto tariffs
The Ferrari logo is seen outside the Ferrari headquarters in Maranello, Italy. Ciancaphoto Studio | Getty Images Sport | Getty Images Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari. The […]
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Ferrari car buyers are getting younger. CEO says 40% of new clients are now under 40
The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital. Martyn Lucy | Getty Images News | Getty Images Ferraris are becoming increasingly popular among younger buyers, with the CEO of the luxury automaker revealing that 40% of new buyers are now under the age of 40. That reflects a significant upswing […]
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