I heard two loud bangs in the rear of my 2005 Ford Fusion and now it keeps losing power - what could this be?

I own a 2005 Ford Fusion 1.4 manual petrol. It keeps losing power in second gear, accompanied by a burning smell. I heard two loud bangs in the rear of car as well.
Possibly a stuffed catalytic converter. The ceramic matrix inside it has probably broken up.
Answered by Honest John on

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