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Q: Transmission fault code in control messages on 2004 BMW 530i

I have gotten a transmission fault warning/message in my control messages screen. what does this mean? the dealer has not said anything about this since i've taken my car in the last few times.
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Don't know but I got the same message today with my 2004 530i. Tried to start the car thnis morning and had trouble getting it to crank. It eventually started and a bunch of warning icons flashed through the little window in the dash. Then the transmission fault message appeared (gear with an exclamation point inside). I went to the idrive window and had two other control messages. One said I had a cruise control problem. The other said my car clock and calendar were wrong because my battery had been disconnected, which to my knowledge is incorrect. I'm waiting for a report from the dealer.
i get the same gear about my tranny when i excel at between 30 to 50 mph, then my car bogs down and will only go a certain speed. so i reset the car but turning it off then re-starting, but i know how to drive the car so this wont happen but my pick up is kinda slo
i have same problem bmw dealer said i need a new transmission but my car only have 85k on it and the cost all together is $7000
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