TL* THE CONTACT OWNS A 2007 FORD MUSTANG. WHILE DRIVING AT APPROXIMATELY 60 MPH, THE POWER STEERING FAILED AND ALL WARNING LIGHTS ILLUMINATED ON THE DASHBOARD. THE CONTACT ALSO OBSERVED SMOKE COMING FROM UNDER THE HOOD AND MOVED THE VEHICLE OFF THE ROADWAY. THE VEHICLE WAS TOWED TO THE LOCAL DEALER WHERE HE WAS INFORMED THAT THE HARMONIC BALANCER HAD BROKEN. THE VEHICLE WAS NOT REPAIRED. THE FAILURE AND CURRENT MILEAGES WERE 75,000.