If the transmission control system is malfunctioning, the check engine light on your vehicle will be activated. The vehicle also enters a fail-safe mode to prevent further engine damage.
Car brands such as Toyota, Renault, Kia, Skoda, Nissan, Hyundai, Volkswagen, Ford, Mercedes-Benz, BMW, and others may display this OBD code. Using an OBD-2 scanner allows you to identify the specific issue, and code P0700 indicates this particular malfunction.