One problem related to engine belts and pulleys 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.
Car was being driven in the rain and accelerating to merge with traffic when the belt that drives the power brake and steering assist came off and caused a complete loss of power assist to both the steering and brakes.