The loss of power happened to me when my Cat had decided to commit suicide lol. There are a few possibilities. Blockage of air going into the engine. Blockage of air leaving the engine etc. Did you hear / feel it backfire?
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04 GTO M6 | HE SS Clutch | Kooks LT's | SLP LM2 | K&N
Soon: APS TT kit
SOLD \/
01 GT | STr5 cam | PT-67 | 18-22psi