The Evolution was redesigned again in 2003 with the new model having gained an improved traction control linked to a 6-speed manual transmission.
Available with the same 280 hp unit, the car came with a choice of three trims, the well known GSR and RS and a new MR. Among other new features, new Evos were equipped with an upgraded limited-slip differential and stylish Altezza tail lights. The MR in particular had lots of tweaks to differentiate it from the other equipment levels, including performance Bilstein shocks, an improved all wheel drive system and sporty anti-lock brakes. An aluminum roof and BBS alloy rims were also included in the MR package.