In January 1990, CERV III (No. 3) made its debut at the International Auto Show in Detroit. The car's mid-mounted V-8 is a 5.7-liter 32-valve, dual-overhead cam LT5, with twin turbos and internal modifications, giving it , - torque, and a top speed of . The car was made of carbon fiber with a fiberglass-finish coating, with estimated price of $300k-400k. Other standard features include computer-controlled active suspension system, ABS braking and traction control, six-speed automatic transmission, all-wheel-drive and four-wheel steering along with a fully multiplexed electrical architecture.