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Old 09-11-2011, 03:02 PM
Junior Member
Join Date: Apr 2008
Posts: 15
Default Transmission problems

I have a 2001 V40.

Just about a week ago, I got the flashing arrow indicator and my transmission started acting weird. Immediately after it happened I left town for a week, and so am now getting back to it.

When starting from a dead stop, it just revs up and barely moves. After 2-3 seconds of slow acceleration it starts to pick up. Once at speed it acts pretty much normal, although granted I wasn't pushing it after it started acting so weird.

Also, when I shift into reverse it violently locks in. I can feel the engine lurch when it happens.

I pulled some codes off of it. One was P0700, the other has been lost due to a cell phone tragedy. I do remember the other code was a solenoid related code. I have since pulled the transmission ECM and now it just throws the P0700 code.

What should I do? My first thought was that I can get the ECM off ebay for cheap, so why not try a new one. I am also thinking about a fluid/filter change.

What do these symptoms indicate to y'all? Is one of the solenoids really out?
2001 V40 1.9T
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Old 10-19-2011, 12:28 AM
Junior Member
Join Date: Oct 2011
Posts: 1

Hiya Dr.Mordo!
Got the exact same problem. Thinking about taking it to a garage; but my transmission light stops flashing after I turn off the car for a while. So not really sure what's the main problem.
Let us know of any updates/fixes that might have occurred since your last scan.


P.S. I have a 2002 v40
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Old 09-11-2012, 04:04 PM
Junior Member
Join Date: Jun 2012
Posts: 1

Did either of you folks ever get this fixed? I'm having the same problem.

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Old 09-18-2012, 03:51 AM
LGJ LGJ is offline
Junior Member
Join Date: Sep 2012
Posts: 1
Default Trans light flickering

Mine came on today while driving home. Same thing it felt like it bogged down.
got home checked oil level OK and not burnt. checked all wiring on transmission seemed OK. light still flickering. Removed negative battery terminal for 15 min now light has gone and driving OK for 0.5 hour.
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Old 09-18-2012, 03:51 AM

19t, 2001, acceleration, arrow, code, flashing, grinding, light, oil, p0700, problems, slow, transmission, v40, volvo

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