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From Fiat
LOW Brake Fluid / Parking Brake
Either the exclamation mark symbol or the 'BRAKE' dashboard symbol may be used on various models of the Fiat 500. Light should illuminate until engine has started. If light remains on, it signifies the parking / hand brake is on, or that there is insufficient brake fluid in the reservoir. If light illuminates and the handbrake is not applied, braking may become defective. Seek assistance from a Fiat technician immediately.
Check to make sure your parking/hand brake is fully released, sometimes the spring that pushes back on the mechanism isn't strong enough, doesn't push back all the way, and the brake indication switch isn't engaged.
The other possibilities are that the float in the master brake cylinder is stuck (if it has one), or the level sensor has failed.
Check your transmission fluid reservuar is front of your gear box if is aluminum cover takeit out propably you have fault codes to clear to to start?good luck.
The transmission has not geared it self all the way to first gear and is trying to start off in second, once the car starts to move it gears back down to first gear which gives you the jerking motion you feel. Easy fix, the shift solenoid may be stuck due to dirt in the fluid and the transmission needs to be serviced, and or the solenoid may need to be replaced and the boost valve. Have the transmission serviced and have them check the transmission line pressure which would indicate if the boost valve is worn and the solenoid is getting stuck or check valve. Good luck and this should cost you around $150.00 in total so call around.
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