1992 Eagle Talon

Transmission problem
1992 Eagle Talon 4 cyl Two Wheel Drive Automatic n/a miles

I have a 1992 Eagle Talon turbo engine. Been told the transmission is shot. Goes in reverse but not in drive. There is also a sensor that is out it is the override sensor. What I am needing to know is if that over ride sensor could have locked up the transmission or is it possible the trany is gone. I have looked at the car there are no water coming out of the tail pipes of the car and the only thing is it is out of transmission fuilds and also it has a lot of black smoke coming out of the car when cranked
March 31, 2010.

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