The imaging issue of a rotating maneuvering target with a large angle and a high translational speed has been a challenging problem in the area of inverse synthetic aperture radar (ISAR) autofocus imaging, in particular when the target has both radial and angular accelerations. In this paper, on the basis of the phase retrieval algorithm and the Gabor wavelet transform (GWT), we propose a new method for phase error correction. The approach first performs the range compression on ISAR raw data to obtain range profiles, and then carries out the GWT transform as the time-frequency analysis tool for the rotational motion compensation (RMC) requirement. The time-varying terms, caused by rotational motion in the Doppler frequency shift, are able to be eliminated at the selected time frame. Furthermore, the processed backscattered signal is transformed to the one in the frequency domain while applying the phase retrieval to run the translational motion compensation (TMC). Phase retrieval plays an important role in range tracking, because the ISAR echo module is not affected by both radial velocity and the acceleration of the target. Finally, after the removal of both the rotational and translational motion errors, the time-invariant Doppler shift is generated, and radar returned signals from the same scatterer are always kept in the same range cell. Therefore, the unwanted motion effects can be removed by applying this approach to have an autofocused ISAR image of the maneuvering target. Furthermore, the method does not need to estimate any motion parameters of the maneuvering target, which has proven to be very effective for an ideal range–Doppler processing. Experimental and simulation results verify the feasibility of this approach.