Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit
1. Ferrari's Q1 profit increased 17% year-on-year to €412 million. 2. Warning issued about U.S. tariffs potentially reducing profitability. 3. Price increases of 10% for certain models announced due to tariffs. 4. Strong demand for personalized vehicles supports robust profit growth. 5. Luxury auto sector affected by fluctuating trade policies and tariffs.