Check for a loose ground, or b\rake in wiring harness loose pins in plug assembly

This illuminates the Malfunction Indicator Lamp (MIL) to let the driver know there is a problem. If this code is present and the MIL (Malfunction Indicator Lamp) is illuminated that basically means there is at least one transmission code set in the TCM's memory. P0700 is an informational code only. It doesn't point to a direct fault in the engine, only a general fault in the transmission. More diagnosis is necessary to identify what the transmission fault is. This requires a scan tool that will communicate with the transmission module.