One problem related to speed control cable has been reported for the 1998 Ford Mustang. The most recently reported issues are listed below.
The contact owned a 1998 Ford Mustang . The contact stated that while driving 45 mph and without warning, the engine started to rev and the rpms increased drastically as the vehicle abnormally accelerated. The contact had to apply extreme pressure to the brake pedal in order to stop the vehicle and turned off the engine. While doing so, the contact had to drive wedging the tire against the curb in order for the vehicle to lose speed. The vehicle was then towed to an authorized dealer where they diagnosed that the cruise control cable was frayed and coming apart. The vehicle was repaired with a new cable. The failure mileage was unknown and the current mileage was 135,000.