Hi Carnut,Let me get this right! You saw smoke and an odor from under the hood and you just parked it overnight? Then in the morning you inspected underhood? Glad you still have a car. Most times a burning rubber smell comes from oil burning off a manifold. I would recommend you go to a self service car wash and clean the area in question, then once back home, re inspect that area. Could be a power steering high pressure hose. You might check the steering fluid container for evidence of low fluid level.
Thank you for the reply. Yes, that is correct, I got home around 11pm, and I don't have a garage with lights, so it was difficult for me to inspect, what should I have done? Are you suggesting that it could have caught on fire? it wasn't smoking like a bbq, but a small amount.
I will do as suggested with the car wash...but I don't want to drive around if it can cause something catastrophic...will check the steering fluid and pressure hose first, since I can do that at home...what to look for after car wash?