Great news for me. While starting to remove the old tranny, I found a loose connector at the front of the air box. Cleaned contacts, put back together and low and behold, PROBLEMS SOLVED. Just saved myself a crap load of cash.

Thanks for the advise

Have an 02 S60 T5 with 205K. It has the Geartronic Transmission in it. 3 years ago I had a rebuilt tranny put in Jan 2010. Car had 160K on it when I made the change. The car has sit in my garage for past 12-14 months without moving or running. Took it out to sell and Service Transmission light came ...