My 94 Mustang v6 has suffered a loss of power acouple of weeks ago. Overall I feel a slight(yet major in my book) loss of power overall but mainly once I reach 2k rpm going uphill and sometimes even on level ground it just seems to stay at 2k for awhile and slowly i mean very slowly go up at Wide Open Throttle. Going down hill sometimes it does this but its very rare. I cleaned the MAF and Air Filter what can cause this problem out or nowhere? Also this only happens when I have it in Drive not 1 or 2.. (Its automatic) Dont laugh I got the car with 90k miles for only $800 in perfect condition.
Sounds like the tranny. Check your trans fluid first. If it is full then you may be having a problem with the pressure plates or possible the torque converter. Good luck.
check the oil for water and the water for oil. do a compression test, is it smoking anything does it spudder, any codes. if it were the tranny, it wouldn't stay at 2k rpms, it would rev up and not gain speed. since it is a 94, and 94-95 have head gasket problems, i am gonna go with a bad head gasket. might as well check the color of the spark plugs as well for wetness or oil