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RACE KEEPS MOVING HIGHER EVEN AS BROAD MARKET DECLINES
Ferrari (RACE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
President Trump's 25% tariffs on European car imports will significantly impact German automakers, with Volkswagen, Mercedes-Benz, BMW, and Porsche facing price hikes and potential sales declines. In this article, I will outline the impact on the four largest German automakers. As we will discuss Porsche, we will see there is another opportunity in the current market turmoil.
FERRARI: COMMERCIAL POLICY UPDATE Maranello, 27 March 2025 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces it will update its commercial policy, based on the preliminary information currently available regarding the introduction of import tariffs on EU cars into the USA.
Analysts welcomed M&C Saatchi PLC's (AIM:SAA) full-year results on Thursday, as both its 2024 performance and guidance for 2025 came in line with market expectations - a reassuring outcome following a year of sweeping internal change. The advertising and communications group, which has spent the past 12 months transitioning to a more integrated global model, reported like-for-like net revenue growth of 3.7% to £231 million.
Investors interested in Automotive - Original Equipment stocks are likely familiar with Oshkosh (OSK) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today announced that Paolo Ferrari and Tracey McVicar have been nominated to stand for election to the Company's Board of Directors at its Annual General Meeting of Shareholders on May 2, 2025. They are being nominated to replace Andrew Clarke and Arielle-Meloul Wechsler who have decided not to stand for re-election.
Ferrari's scarcity-driven model and luxury brand positioning enable high margins and resilience, similar to high-end fashion houses like Hermes. Advanced technology integration and strategic electrification plans enhance Ferrari's performance and brand status, differentiating it from mass-market automakers. Ferrari's deep ties with Formula 1 amplify global brand awareness, driving sales and mutually benefiting from F1's rising popularity.
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).
Many customers are now under the age of 40. Transcript: Kelsey Barberio: If you thought Ferrari's were reserved for a mid-life crisis or a retirement splurge — you'd be very wrong.