The contact owns a 2014 Ford Explorer. The contact stated while driving at an undisclosed speed, the vehicle experienced a loss of power steering assist. The traction control warning light was illuminated. The vehicle was taken to the dealer, who determined that the spindle rod, steering gear assembly, fuse, hex nut, and bolt needed to be replaced. The vehicle was not repaired. The manufacturer was made aware of the failure. The failure mileage was approximately 102,745.