I had the same issue came on twice within minutes of each other and then nothing ... car now drives fine .. I was on a very steep incline hill when the trans failsafe came on. Just weird?How do you read the transmission error codes? I have the Pieke tool and I was testing my transmission shifts and it went into failsafe but I couldn't get any codes out of the Pieke (just got the "---")
btw, didn't you just complete a tranny fluid change? Is the car running and did the light come on again?
what i have read .. it can be the battery ... or altnerator ..