I have smoking and fluid leak. It is black and my exhaust tailpipes have black residue so im thinking it is on the exhaust side. it is really wet and i cant tell exactly where the leak is from.

Cam bearings?

Transmission?

Head gasket?

-Alex

 

What colour / color is the smoke, it could be the seals of the Turbo have gone as the Turbo has both water and oil feeding to it.

You don't say what kind of fluid is being lost oil, water etc.
Hope this give you a starting point


best regards

Rob