SOURCE: Abs and orange triangle light with circled arrow
I seemed to have run into a website that you might want to check out. about a 1/4 the way donw the page
http://www.bimmerfest.com/forums/showthread.php?t=57010
SOURCE: ALARM LIGHT ON THAT LOOKS LIKE A TRIANGLE WITH ARROW CIRCLING IT. WHAT DOES IT MEAN
On a 1998 3 series (E36) BMW, this indicator lamp is for the ASC+T = automatic stability control plus traction. It should go shortly after the ignition is switched on implying that the system is OK.
If the indicator lamp fails to go out after the engine is started, or comes on in the course of normal vehicle operation it means that the system has malfunctioned. The vehicle remains operational, but without ASC+T. You a have an 2001 3 series (E46), but I suspect the indicator lamp means the same as the E36 3 series. Look in owners manual under "indicator lamps"
SOURCE: BMW 3 Series light on dashboard comes on
If the triangle has an ! in the middle of it then it's to indicate that DSC or DTC is on for stability.
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