One problem related to automatic transmission torque converter has been reported for the 1998 Dodge Caravan. The most recently reported issues are listed below.
Engine check light illuminated while traveling on route i77. Pulled off highway and vehicle slipped into neutral. Vehicle then would only shift from 1st to 2nd (limp along mode). Dealer in virginia determined that transmission had completely failed. Large chunks of metal in pan. Replaced transmission and torque converter. Vehicle has since slipped into neutral 1 more time.