Ferrari is following the current production engine trend of downsizing and turbocharging with the introduction of the California T model at the Geneva Auto Show.

The “T” stands for turbo as the new California model now sports a 3.9-liter twin-turbo V8 rated at 560 horsepower at 7,500 rpm with peak torque of 557 lb-ft. That’s a significant jump over the previous 4.3-liter V8, yet Ferrari says the new engine will put out 20 percent fewer emissions and deliver 15 percent better fuel economy. The front-engined car is also expected to have a 196-MPH top speed and accelerate from 0-62 MPH in 3.6 seconds.

Key to the improved performance is a pair of twin-scroll turbochargers mounted to unique 3-piece cast exhaust manifold/turbo housing. The direct-injected engine also features a 180-degree crankshaft, which is an important element in Ferrari promising “the most exhilarating soundtrack any turbo has ever yielded.”

Ferrari also says its Variable Boost Management system eliminates turbo lag and produces a torque curve “that increases constantly across the rev range.”

Ferrari hasn’t offered a turbo in a street car since the F40, which went out of production in the early ’90s. Some other noted turbocharged Ferrari models include the 208 GTB, 288 GTO and GTS Turbo.

The California T is the base model in the Ferrari line. No word on whether other future Ferrari models will get the turbo treatment. The Italian automaker recently showed off its Formula 1 engine, which is equipped with a single turbo.