Chiffres du Luxe
Ferrari and Lamborghini: a Strong First Quarter of 2025 for Italian Cars
By Eva Morletto08 mai 2025
The two flagships of Italian motoring unveiled strong financial results for the first quarter on Tuesday, despite trade tensions with the United States that could slow down the sector's momentum.
Ferrari closed a very positive first quarter in 2025, with profits up 15% compared to the same period last year. Lamborghini, meanwhile, recorded remarkable growth of 29.6% in revenue, reaching €895.2 million, driven in particular by the success of its new electric model.
In a press release, Benedetto Vigna, CEO of Ferrari, highlighted the importance of advanced customization, which is increasingly in demand from a discerning clientele, as the driving force behind this performance. The Maranello-based manufacturer posted a profit of €693 million for the quarter from January to March, slightly exceeding analysts' forecasts of €689 million, according to a Reuters poll.
Ferrari delivered 3'593 vehicles during the period, and overall revenue rose 13% to €1.79 billion. The United States stands out as the most dynamic market, although uncertainty surrounding new US tariff policies calls for caution regarding the medium-term outlook.
At Lamborghini, a subsidiary of the Volkswagen Group, the electrification strategy is bearing fruit. The Urus SE plug-in hybrid SUV and the new Revuelto V12 hybrid have attracted customers looking for performance and modernity. The Sant'Agata Bolognese-based brand delivered 2'967 vehicles in the first quarter, with particularly strong growth in North America (+21%), compared with +7% in Europe and the Middle East, confirming the brand's success in this technological turning point.
However, the Trump administration's introduction of 25% tariffs on car imports poses a serious threat to this momentum. According to Bernstein Research, this measure could represent an additional annual cost of $110 billion for the industry as a whole. Ferrari is already considering a price increase of around 10% to offset these constraints.
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