TL*THE CONTACT OWNS A 2008 CHEVROLET COBALT. WHEN THE VEHICLE IS IN MOTION, THE POWER STEERING FAILS AND THE WARNING INDICATOR ILLUMINATES. THE DEALER STATED THAT THE POWER STEERING COMPONENT WAS BURNED. THROUGH ONLINE RESEARCH, THE CONTACT DISCOVERED SEVERAL COMPLAINTS ON THE STEERING. THE VEHICLE WAS OUT OF WARRANTY AND THEY STATED THAT THE REPAIR WOULD COST APPROXIMATELY $12,000. THE FAILURE AND CURRENT MILEAGES WERE 63,000.