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Message: <blockquote data-quote="Win" data-source="post: 493366" data-attributes="member: 8860">A "clockspring" is the part that is located beneath the air bag steering wheel. It's a black circular piece of plastic with wires that come out of it. The wires are wound up inside just like a "clockspring" found in clocks, watches, small wind up motors, etc. Since the wires are wound up inside, this allows the wires to turn as the steering wheel is used. The part controls the air bag, blinkers, flashers & horns. When it goes bad, 1 or more of those items will become inoperable. Sometimes when the clockspring does go bad, the airbag light will flash the error code (blinks x amount of times, which = the error code).It's easy to replace. I had to replace the clockspring in my 94 Bronco, it's a common wear item (more so) on the F-Series/Broncos.The aftermarket part is manufactured by "Dorman" and depending on where you can buy it from (eBay, online parts vendors, NAPA, Pep Boys, Advance Auto or Autzone), be prepared to pay anywhere from $65-$120. I believe the Ford Dealer price for this part is in excess of $150+.The procedure to replace a clockspring in the 94/95 Mustangs is the same.This is taken from CobraJet NJ off Corral. Thanks for the info</blockquote>