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Beta Ti alloy valve spring retainers are newly developed for use in mass produced automobiles for the first time. Ti alloy valve spring retainers vith a weight saving of 42%, compared to steel retainers, have reduced the inertial weight of the valve train components by 6%. And this weight reduction has the benefit of increasing the upper limit of the engine speed, which improves the engine performance. Ti alloy valve spring retainers are cold forged by the conventional fabrication facilities for steel retainers, using Ti-22V-4Al (the beta Ti alloy) which possesses excellent cold workability in a solution treated condition. Oxygen surface hardening is applied to protect Ti alloy valve spring retainers from wear damage. In addition, aging treatment and shot blasting are performed to improve strength and stiffness of valve retainers.