Yes. On transmissions that depend on fluid for hydraulic operation, lubrication and cooling, a low fluid level can contribute to slipping, delayed engagement, poor shift quality and overheating. A low level may also indicate a leak that needs to be located and repaired.
Adding fluid without determining why it is low may not solve the underlying problem, and using the wrong fluid can create additional concerns. Certified Transmission in Bellevue can check the fluid condition and level, inspect for leaks and diagnose any related shifting problems.