Honda FIT owners have reported 2 problems related to automatic transmission (under the power train category). The most recently reported issues are listed below. Also please check out the statistics and reliability analysis of Honda FIT based on all problems reported for the FIT.
Knowledge of failure of right axle lift bearing on 1 2007 Honda Fit speed, and 2008 Honda Fit speed (2). Dealer unwilling to rectify problem. The 07 has 44,000 miles, 08s have 33000 and 35000 respectively.
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Continuing problem with 2007 Honda Fit automatic transmission hesitation to down shift at 2-5 mph, such as rolling stops at yield signs. When you step down on accelerator transmission seems to get confused and does not allow acceleration at all for 2-3 seconds. It is okay if completely stopped, but not from a rolling stop. This is very dangerous, and has almost caused an accident several times. The Honda dealer acknowledged that this was a defect, but Honda technical support said the Fit models all do it, and there was nothing that could be done about it.