The contact owns a 2020 Ford Mustang. The contact stated while the vehicle was parked, the contact noticed smoke coming from underneath the hood. The vehicle was unoccupied. The contact inspected the vehicle. The contact stated that the fire was about three inches from the back of the engine, close to the fire wall. The contact used a nearby fire extinguisher and extinguished the fire. The contact stated that upon further inspection of the vehicle, the contact noticed brake fluid on the ground underneath the vehicle. The vehicle was towed to the dealer, however the diagnostic test had not been completed. The vehicle was not diagnosed or repaired by an independent mechanic or dealer. The contact stated that the failure was a known failure with the vehicle. The manufacturer was not made aware of the failure. The failure mileage was approximately 41,331.