I think you have a plugged catalytic converter. Check that and let me know what you find. As far as the belt noise you hear when started, it wouldn't be the timing belt. It can't slip. The transmission's delay to shift cold could be a few things. You may have a bad shift solenoid. Also, seals in the clutch pack. Valve body. Could be getting dry and hard allowing fluid to bypass them. When it warms up, the ATF expands and the problem could go away.
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Thursday, February 14th, 2013 AT 4:40 AM