One problem related to brake master cylinder has been reported for the 2001 Ford Mustang. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2001 Ford Mustang based on all problems reported for the 2001 Mustang.
Initially brake pedal was sticking then it started sinking to the floor on application. Happened at all speeds and while coming at a standstill. Dealer wants to replace the master cylinder, but the component is unavailable (and no date of possible availability is forthcoming from Ford). The vehice is with dealer for last five days.