What is P0700?
Fault code P0700 is an OBD2 scanner Diagnostic Trouble Code (DTC P0700) defined as a “Transmission Control System Malfunction.”
The trouble code is triggered when your Transmission Control Module (TCM) detects a malfunction with the automatic transmission controls. This will send a Malfunction Indicator Lamp request (MIL request) and your check engine light will come on.
Whether you have a BMW or a Chevrolet truck, a TCM is vital for any automatic transmission. Your TCM monitors the sensors and actuators (throttle position sensor, motor speed sensor, and output shaft speed sensor) relating to your automatic transmission.
It constantly communicates with your Engine Control Module (ECM) and Powertrain Control Module (PCM) to shift gears when necessary. When the control modules detect something wrong with your transmission, they trigger code P0700.
Note: DTC P0700 is simply informative. A more detailed diagnosis of the transmission control system is required to determine the real failure.