One problem related to brake fluid has been reported for the 2001 Ford Taurus. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2001 Ford Taurus based on all problems reported for the 2001 Taurus.
I lost braking when a came to a hard stop. Noticed that brake fluid dripping out by driver's door. I found out the brake lines that go to the rear of the car ruptured. Most of the brake lines are visible and are in good shape under the vehicle. Part of the brake lines rise under a recess in the underbody floor. There a plastic shield protects it from the parking brake cable. It was there that the lines had corroded badly and ruptured. This is listed on sited on the internet and should be warned to all Taurus owners.