P1762 on GM vehicles means the transmission control module (TCM) has detected that the governor pressure sensor signal voltage is offset from its expected value, typically because the sensor's output does not match the commanded pressure or the electrical circuit has an abnormal voltage drop. The TCM compares the sensor's voltage against a calculated model of what the governor pressure should be, and when the offset exceeds a calibrated threshold, it stores this code and may default to a fixed line pressure strategy.
You can usually drive the vehicle to a repair shop, but avoid heavy throttle or towing because the transmission may default to maximum line pressure and shift harshly. If the transmission enters limp-home mode or slips, stop driving and have it towed to prevent internal damage.
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Guidance is general and written for GM vehicles. Exact tests and values vary by model, so confirm the fault before replacing parts.
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