The coolant has oil in it. Possible causes are a failed headgasket, or a leaking oil cooler,
A milky color indicates that engine coolant has been leaking into the transmission's cooler in the radiator.
Yes it can. check the oil dip stick. if coolant is leaking inside the engine the oil will be "milky" in color.
Most likely blown head gasket but for some reason you have water or coolant in your oil
There is only one thing that comes to mind on your problem of a milky coolant and it isn't good news. I am leaning towards you having a cracked block, a cracked head or a blown head gasket. What it sounds like is that engine oil is mixing with your coolant. There are only a few places where this can take place, which I have mentioned. I would run a pressure check on your colling system and watch for the pressure to slowly go down. Also look for milky oil contamination. I wish you the best of luck.
The transmission fluid cooled by routing it through the radiator. The fluid probably is a milky color because the radiator had failed internally allowing the coolant and transmission fluid to mix. Check the coolant and if looks milky change the radiator, coolant, and transmission fluid.
Your transmission fluid is probably leaking into your coolant
It's pink and milky
Is it a milky tan color? If so, it sounds like a blown head gasket.
Milky Color!!
this is usually engine coolant leaking in
it is blue
You are getting water into the coolant. Most likely cause is a failed radiator/oil cooler. If the coolant level keeps reducing and transmission oil level keeps increasing then the above answer is correct.