In June 1982, an all-new Cervo was presented. Based on the underpinnings of the recently changed Alto/Fronte, the Cervo now sported front-wheel drive with a transversally mounted four-stroke engine. The F5A engine was the same as used in the SS40 Fronte. A twin-choke carb meant a whopping was available, rather than the in the "cooking" Alto/Mighty Boy. The Cervo offered a lower, much more sporty driving position than its Alto/Fronte sister cars. Anyone over 172 cm (5 ft 8 in) would certainly hit their head on the ceiling. Strangely, considering its supposedly sporty character, the Cervo was higher geared than its Fronte sister car. Top speed, however, either remained the same as the of the Fronte (according to one source), or a little bit higher, at , according to another. To distinguish the Cervo from the other SS40 versions, its model code was SS40C (Alto: SS40V, Fronte: SS40S, Mighty Boy: SS40T).