Abstract: A power transmission V belt for being trained around driver and driven pulleys for transmitting power therebetween includes a loop-shaped metallic belt and a plurality of metallic V blocks mounted on the metallic belt successively in the longitudinal direction thereof. A a self-lubricating, heat-resistant, wear-resistant hard layer is coated on at least one of a radially inward surface and opposite side surfaces of the metallic belt, and radially outward surface and opposite side surfaces of the V blocks. The loop-shaped metallic belt comprises a stack of metallic members, and the self-lubricating, heat-resistant, wear-resistant hard layer is coated on at least one of confronting surfaces of superimposed ones of the metallic members.