The engine oil pan gasket can develop a leak. Leaking oil may accumulate on the exhaust system resulting in a burning smell. Replacing the gasket should correct this leak.
Problems for specific Ford Taurus years:
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Most reported 1992 Ford Taurus problems
While steering, if you hear a clunk or a rattle, or if you experience premature tire wear, this could indicate the inner tie rod ends are loose or worn and will require replacement.
Worn motor mounts can cause the motor to rise during acceleration, causing a clunking noise and possibly damaging the AC hoses. Damage to the AC hoses can cause a loss refrigerant resulting in no cold air from the AC. The motor mount will need to be replaced prior to repairing the damaged hose or the problem will continue.