Question · Q1 2025
Martino De Ambroggi inquired about the ideal shipment size for Greater China, the progress of the hybrid warranty program, and sought to quantify the financial impact of the U.S. price increases.
Answer
CEO Benedetto Vigna reported that the hybrid warranty program has nearly 550 contracts and is gaining traction. He reiterated the target for Greater China is 8-10% of shipments, noting a new model launching this year will be better suited for the region's tax structure. CFO Antonio Picca Piccon declined to provide specific financial details on the price increase.
Ask follow-up questions
Fintool can predict
RACE's earnings beat/miss a week before the call