slandry

One more thing... The smell was the oil burning as it ran down and around the hot exhaust pipe. It also turned black and like tar before it dripped onto the floor. Did smell like burning rubber.

We purchased a new 2010 and on the third day my wife pulled into the garage with smoke and dripping oil. I got under the PTU and found oil dripping from the left axle seal onto the exhaust pipe just below the engine. It turns out this in a well known problem. I think there is a whole group devoted to this topic. The long and short of it is that the dealer replaced the seal and there hasn't been a single drip in 25K miles. Unfortunately, I have heard of people having the entire PTU replaced to solve this problem. Ford did have to go through a few revisions of the seal design before they got it right, but this shouldn't be any more than routine repair at this point. Best of luck, - Steve

I do not know if the smell is oil or something else. . The drops were not red and were located on the floor so as to appear to have fallen from below the middle of the engine. The smell seems like burining rubber but my noise is not all that great,

 

Hank