The third series, or Spyder III, was introduced in 1991 in occasion of Gandini's second facelift that renewed the entire range. This included the new bonnet and grille, ellypsoidal headlights in body-colour housings, a spoiler at the base of the windscreen, deeper body-colour sills and 16-inch seven-spoke wheels. The Spyder IIIs were fitted with Maserati's "Ranger" limited slip differential. Whereas the 2.0 L third series Spyder received 24-valve engines, 2.8 L cars still used 18-valves, thus remaining the only 2.8 L Biturbo model to never get a four-valve head upgrade.