1998 Volvo V70 Logo
Posted on May 15, 2009
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1998 Volvo V70 with potential transmission problems?

I drive a 1998 Volvo V70 with 165,000 miles on it.
This morning on the way to work, the transmission warning light (an orange 'up-pointing' arrow), started flashing on & off on the dashboard, as did the 'E' 'S' and 'W' lights on the base of the shift column, and my 'Check Engine' light on the dashboard also came on & stayed on, too. I pulled off the highway, checked the (now hot) transmission fluid, and it was filled right to the top, so no additional fluid was necessary. The car ran smoothly as I turned around and drove the 8 miles back home & parked in my driveway.
I suspect that my transmission needs some work, although it doesn't sound or feel like it does. What do you think?

  • Beth
    Beth Jan 07, 2014

    That is exactly the problem that started with my 1998 volvo v70 the first day of 40-50 degrees below-the orange flashing arrow and the check engine light. Auto zone did a free test and it came up with transmission range sensor circuit malfunction-what ever that is

  • RM Ludemann
    RM Ludemann Jul 02, 2021

    thank you.. mine is doing the same..

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Glenn Smart

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  • Volvo Master 845 Answers
  • Posted on May 17, 2009
Glenn Smart
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Yes, it's the 'pnp' switch (also known as the inhibitor switch) which is on the side of the transmission.

I own 2 Volvo 960s (3 litre automatics) which are similar in many respects ... and have that flashing arrow. It's a well known fault and you don't have much to worry about.

Rather than write it all here, you can read what I wrote as an ebay guide about it at http://reviews.ebay.co.uk/Volvo-960-Automatic_W0QQugidZ10000000003233806

I did put similar info on my website at http://www.glennsmart.btinternet.co.uk/volvo960.html with photos

Though the ebay guide is better ...

If you haven't got time to read it ... forget the flashing arrow and put a bit of black tape over it ... My wife's car has (192,000 miles) had that arrow flashing for 3 years. My car (100,000 miles) has had that flashing arrow since I bought it 1 year ago.

I did change the pnp on both cars ... but you also need to have the computer error reset by Volvo to have the light extinguished. Don't worry ... keep driving.

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