Transmission fluid! You need to find the leak and stop it; top up the transmission before it is damaged. Check the lower pan for a gasket leaking and examine the transmission fluid cooler lines running to radiator or to in front of radiator.
Red can be power steering fluid and also transmission fluid. You didn't say where under the engine it was coming from. Be safe!---------------------------------------------------------------------------------------
MST-SOS1 Handheld Emergency Battery
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