One problem related to steering failed has been reported for the 2001 Lincoln Town Car. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2001 Lincoln Town Car based on all problems reported for the 2001 Town Car.
The car has developed poor return to center when turning. It also seems to be sticky in normal highway driving, that is, a minor correction seems to stay until corrected the other direction. This makes the car wander back and forth. I had one mechanic in town diagnose it as lower steering shaft and I have an appointment with my local Ford dealer to evaluate the problem. I note there was a recall for this problem for 2005 and later model years. There have been accidents from steering failure reported.