Three problems related to engine have 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.
I started my car and put it in drive and began to accelerate when the engine raced to 6000 rpms. Put my foot on the brake and the car kept accelerating. I pulled my parking brake and got the same result. I then put my car in park and at that time I was doing about 60 in a neighborhood heading straight for a light pole. I just barely missed the pole but still hit the curb and totaled my car. After turning the key the engine stopped. A mechanic at the collision center looked at my engine and saw that my throttle was stuck wide open. The car is still sitting at the collision center waiting for a Ford representative to come and look at it.
I don't know much about the mechanics of cars, but a spark plug blew out of my 2001 Mustang gt causing a loud repetitive noise and a notable loss of power. It was still under the 30 day/3000 miles used vehicle warranty and it was fixed at no charge to myself. The same thing happened again a week later and I was told (in the best words that I can describe it) the threading in the hole of the part of the engine that the spark plug screws into, would no longer hold the spark plug and that the engine needed to be sent to a machine shop to bore the hole in deeper costing a around $3000. 00.
After having a strong vibration in the dash at higher rates of speed 60+, and then developing heavy engine knock with rough idling, I took vehicle to the dealership. There I learned that I had 3 bad rods and needed a complete new engine after only having 57,000 on the original one.