Italian luxury carmaker Ferrari posted strong results for Q1 2025, with revenue rising 13% YoY to 1.79 billion euros ($1.92 billion) and EBIT surging 22.7% to 542 million euros ($581 million), driven by high-end models and growing personalization demand. Global shipments totaled 3,593 vehicles, though sales in Greater China dropped 24% to 237 units. Ferrari reaffirmed its full-year revenue target of over 7 billion euros ($7.5 billion), but warned of potential margin pressure. CEO Benedetto Vigna highlighted plans to launch six new models this year, including its first electric vehicle.