One problem related to transmission slip out of gear has been reported for the 2001 Cadillac Catera. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2001 Cadillac Catera based on all problems reported for the 2001 Catera.
My vehicle's sport shifting indicator light came on about a week before the transmission failure. My car would refuse to shift out of first gear until I drove it for a few miles and/or turned the car off and restarted it. I was in a local town when the front end started to shudder and make noise. I took it to a auto transmission shop who stated the sending unit for the fluid failed and it had burned out the first gear. He stated that this was most likely a manufacture defect. I contacted gm headquarters and was refused any help in fixing the issue or resolving the issue. They stated that the problem was because it had not had a sufficient history with gm dealerships getting maintenance, and that I was the third owner. Keep in mind, this transmission went out after my owning the vehicle for only 9 mos, paid 14,000. 00 for the car and only has 73,000 miles on it. I now am unable to drive my car until it is fixed, which I am quoted 1500. 00 for a rebuild and a year warranty that I cannot afford at this time and having to drive a very unreliable and very unsafe vehicle in the meantime. I just want my car back.