Toyota Motor Corporation’s (TMC’s) vehicle powertrain production subsidiary in Changshu, China, Toyota Motor (Changshu) Auto Parts Co., Ltd. (TMCAP), held a ceremony here today to officially mark the start of localized production of continuously variable transmissions (CVTs), which is a first for Toyota outside Japan. Production of transaxles for hybrid vehicles―also a first for Toyota outside Japan―is scheduled to begin[Read More…]