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Ferrari keeps resisting most of the major trends in the automobile industry, following its own path. That being said, even Ferrari had to get with the times and offer a more sensible, everyday car. And thus, the California was born.
Keeping with Ferrari tradition, the California T isn't specifically marketed as the second generation California. Even so, it looks more like a facelift. But the big change is under the hood: Ferrari dropped the old 4.3-liter engine in favor of a 3.9 turbo. Hence the "T" in the name.