From the workshop manual:
Four functions of the coolant warning light:
1. Engine coolant level too low
- light flashes slowly (0.5 Hz)
2. Engine compartment temperature too high
- light flashes slowly (0.5 Hz)
(engine compartment blower might be faulty)
3. Engine coolant temperature too high
- light is lit; pointer on the right
4. Temperature sensor at water outlet faulty
- light flashes rapidly (1 Hz);
pointer on the right
Note
The temperature warning in point three is
indicated if the conditions "engine coolant
temperature too high" and "engine coolant
level too low" are present simultaneously.