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In older model vehicles they were one in the same. Always refer to the owners manual and the cap to the reservoir. The cap will reference Dexron-Mercon for General Motors, Toyota and other makes. Ford vehicles reference type F. However...Newer model vehicles have specific Power Steering fluids that are different from conventional transmission fluids. Both are still hydraulic fluids but are not interchangeable.

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Q: Is transmission fluid and power steering fluid the same thing?
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