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a clock spring is a tempered metal coil that produces energy regulated thru a series of gears to make the clock run so you can tell time.Most clock shops will charge about 75 to 100.00 to repair this.
In automotive terms it is an electrical connection between the steering wheel and the steering column. It carries power to the accessories mounted on the steering wheel such as the horn and air bag. It resembles a clock spring.
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What is the squeeking noise you hear when turning the steering wheel either left or right all the way?
Here is the answer to my own question: Took my car in to be repaired and it was a broken clockspring in the steering column. When the clockspring is broken or messing up, the airbag light will stay on until it's fixed. Cannot be fixed by any repairman: has to go back to the dealer for the repair. Cost me $400 including labor.
