Look underneath the car. Is it super clean around the rear of transmission and a little ways down drive shaft? If so, you may need to replace the extension housing gasket and bushings. The piece that contains these parts is at the rear of the transmission where the driveshaft connects. Over time this thing can start leaking pretty good. Fluid will be slung by the driveshaft onto the underside of the car. The high detergent value of transmission fluid will "clean" off the underside of your car, including the factory corrosion resistant coating! be sure to recoat underbody after repair or rust will destroy your ride. Be thorough with the inspection because trans fluid can get in some unexpected areas.
Low Transmission fluid
There are several things that can cause your 1986 Nissan 300 automatic transmission to send you a start leaking fluid the most common cause is a blown seal in the front of the transmission. There is a seal in the rear of the transmission. The transmission pan gasket can be leaking.
if you have an automatic transmission there should be cooling lines going to the radiator to cool the transmission fluid the lines could be leaking or the tank could be leaking
That's automatic transmission fluid , or power steering fluid , so it would depend on where it is leaking from
Usually automatic transmission fluid is a reddish color. If you see red fluid on your driveway, then you probably have a transmission leak.
It's a sealed transmission. You'll have to take it to a Volvo dealership.
dextron III or IV
The recommended transmission fluid for a 2001 Volvo V70 XC is typically Volvo's own transmission fluid, known as Volvo ATF (Automatic Transmission Fluid) or a compatible synthetic fluid that meets the JWS 3309 specification. It's crucial to check the owner's manual for specific requirements and to ensure the fluid is suitable for the vehicle's transmission type. Regular maintenance and fluid changes can help prolong the life of the transmission.
My type is shown on my Durangos dipstick
Replace the gasket on the transmission pan and insect the seals on the transmission where your driveshafts come out
The better question is what is leaking transmission fluid?
Volvo says that their automatic transmission has a lifetime fluid that does not need to be changed. On the other hand, most experts recommend replacing the transmission fluid every 30,000 miles to extend transmission life and prevent premature transmission failure.