If a 1992 Toyota Paseo's automatic transmission is only shifting into reverse and neutral but not drive, it may indicate a problem with the Transmission Fluid level or condition, such as being low or contaminated. Additionally, issues with the transmission linkage, a faulty valve body, or internal transmission problems like worn clutches or bands could also be the cause. It's advisable to check the transmission fluid first and then consult a mechanic for a thorough diagnosis.
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