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New So I have just recently have had a problem happen to my 1997 Chevy Suburban. I was driving down the road and the next thing i know is my engine just starts revving excessively. I noticed that I did not have any transmission and I was on the freeway. I coasted as it felt like i was in neutral and looked down and it had not switched to neutral and was still in drive but acted as like it was in neutral and free flowed down the freeway. I coasted into a gas station and pulled into a parking spot. Looked underneath and noticed that there was tranny fluid all over the undercarriage. Park works, shift into 4X4 and still the same thing. Every gear is just like neutral. The torque converter is spinning also. What could be the problem?