Ferrari cuts India prices up to 30% as EU FTA slashes import duty from 110% to 30%

Ferrari dealerships are taking new orders at pre-FTA discounts ahead of late-2026 rollout. Purosangue drops from Rs 10.5 cr to Rs 7.59 cr; 12Cilindri Spider from Rs 9.15 cr to Rs 6.38 cr; Amalfi lands near Rs 4.08 cr. Quotas expand from 100k units year one to 160k by year ten.

— Filed Wed, 20 May, 2026, 19:46 IST · Source Business Today · Latest · Updated

Ferrari's India dealerships are accepting new orders at up to 30% lower prices ahead of the India-EU FTA, which will slash luxury car import duties from 110% to 30% in year one, reshaping India's luxury auto retail.

Why this matters

Ferrari is among the first luxury automakers to pass FTA savings to Indian buyers, signaling aggressive repricing in a market long constrained by 110% import duties on CBU vehicles.

Retail-brand activity steady at 415 signals over the past 90 days.