Have a 95 5.0 GT with 75,000 miles, with AODE transmission. When cruising in high gear it shifts into neutral and freewheels eventually engaging. It does it randomly and never in first or second gear. Not as bad when I turn off electronic OD. I had the transmission serviced, filter changed and a new shift solenoid installed last week...didn't fix it. Someone suggested changing MLP sensor..neutral safety switch. Any suggestions?
The 95 GT I used to have started doing this a few months after I sold it to my brother.
He ended up having to rebuild the transmission because it just kept getting worse and finally started to drop out of Drive and into second or first gear.
Quite an experience at 70 MPH.