This Italian exotic is a 4-seat convertible with a power folding hard top. The standard 453-horsepower 4.3-liter V8 engine sends power through 7-speed dual clutch transmission with F1-style steering column-mounted shift paddles that allow for extremely quick gear changes. A six-speed manual transmission is available. Brembo brakes featuring carbon-ceramic material discs are standard. Optional magnetic fluid-filled shock absorbers react instantly to road conditions and driver inputs. A switch on the steering wheel, called a manettino, integrates suspension, traction control, stability control and shifter systems and allows the driver to choose the optimum setting for current conditions. The standard CD/MP3/DVD stereo features a 30-gigabyte hard drive, navigaton system, and Bluetooth wireless connectivity. Options include carbon fiber interior trim, reverse camera, and front and rear parking sensors. The Ferrari California is carried over for 2012. All 2012 Ferraris are covered by a new seven-year maintenance program.