Driving at 70 mpr at 2300hrs my 2006 corolla suddenly shutdown, I pulled over and start The engine it did start but the lights don't work and the transmission won't shift into drive mode. The only way it shift into drive is by pressing the release lock bottom located next to the shifter.any ideas Will be appreciated.Thanks

SOURCE: 2005 Toyota Corolla with 36,000 miles Transmission now "jumps" into gears

hi,
when the check engine light comes on, your car goes into a mode where instead of everything being normal, things are forced, to try and compensate for something else being wrong. It most likely does need a new timing belt, and a complete tuneup INCLUDING plugs and wires. we have a 1984 toyota corolla and it purrs like ground rice, I suggest the tuneup to continue proper rice production.

J

SOURCE: 2006 matrix shifting in transmission problem

This is a known condition. And, is under warranty.

Take your vehicle to a Toyota dealership. Ask them to replace your ECU per TSB (Technical Service Bulletin) TC015-07. The new ECU has redesigned logic that rectifys your condition.

SOURCE: 2006 Corolla: Check engine light is on - gears shift is not smooth

GOOD NEWS!!!!
You have an issue that Toyota knows about; there is a programming problem with the ECM in the vehicle, and Toyota has released a Tech Service Bulletin (TC015-07) to cure your problem.
You probably have a DTC code of P-2716...The ECM needs replaced with an updated unit.
PLUS: this repair should be covered for 96 months of use, or up to 80,000 miles. The replacement ECU will be installed totally for free. Call your local Toyota dealer & get an appointment.

SOURCE: shifting hard

You probably have a DTC code of P-2716.

Toyota knows about this issue, and a new engine Control Module (ECM) has been developed to rectify this condition. If your car is under 96 months old, and has less than 80,000 miles, the ECM will be replaced FREE by your Toyota dealer. The replacement ECM corrects the shifting issue.
Mention Tech Service Bulletin "TC015-07" when you take it in for service. If you are beyond the time and mileage as listed above, I can give you the part number for the ECU, if you want to purchase one.

SOURCE: 2007 Corolla---Check engine light

don't know where you are located but assume you have an advanced auto or autzone near by if you drive the car there you can use there scan tool for free and retrieve the code from the check engine light and pinpoint your problem. could be alot of problems but that will tell you exactly what thye issue is.