TL*THE CONTACT OWNS A 2005 FORD MUSTANG. WHILE DRIVING APPROXIMATELY 60 MPH THE TEMPERATURE GAUGE FOR THE OIL READ 195 DEGREES EVEN THOUGH THE VEHICLE WAS RUNNING HOT AND BEGAN TO SMOKE. THE CONTACT DROVE ONTO THE EMERGENCY LANE AND WAITED FOR THE VEHICLE TO COOL DOWN. THE CONTACT TOOK THE VEHICLE TO THE DEALER FOR A DIAGNOSTIC TEST AND TO BE REPAIRED. THE DEALER STATED THAT THE CONTACT WOULD BE RESPONSIBLE FOR PAYING TO HAVE THE INSTRUMENT PANEL REPLACED. THE VEHICLE WAS REPAIRED, BUT THE CONTACT STATED THAT THE INSTRUMENT PANEL WAS STILL DEFECTIVE. THE APPROXIMATE FAILURE MILEAGE WAS 2,500 AND THE APPROXIMATE CURRENT MILEAGE WAS 3,064.