LONDON – Although the Torotrak CVT (continuously variable transmission) just might become the fuel-economy enhancing automatic transmission of the future, this U.K-designed traction drive has been on the back burner since the first patents were registered more than a century ago. The technology’s promoters, in various guises, suffered decades of frustration until 1988, when the independent company Torotrak (Development) Ltd. was created, raising £50 million ($78 million) in financing on ...

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