Caution or warning
The yellow exclamation point light on a Honda Accord is designed for the Vehicle Stability Assist system. It comes on when the vehicle is trying to maintain stability or when a tire is low.
If the exclamation point is inside a yellow horseshoe, the tire pressure is low
The Lincoln navigator yellow exclamation point on the instrument panel, is an indication that the engine needs to be checked. The yellow color means caution.
That is a "Check transmission light"
Tire pressure
This light indicates that tire pressure is low.
It means you have a pop-up!
The yellow exclamation point on the Nissan Versa is a tire pressure warning light. Many automobiles have this type of warning so that the driver can check tire pressure.
Uncorrect tire pressure
Low Tire Pressure
The yellow gear-shaped light with an exclamation point in the middle on a 2001 BMW Z3 Roadster typically indicates a problem with the vehicle's transmission or drivetrain. This warning light suggests that the onboard diagnostic system has detected an issue that may affect vehicle performance. It's advisable to consult the owner's manual and have the vehicle checked by a qualified mechanic to diagnose and resolve the issue.
It is the check transaxle light...your trasmission has issues and is probably going to lock into second gear for safety if its serious.