Sounds like something to do with your turbo.. could be loosing boost through an air leak etc... which is where the oil might also be coming from if there has been a blowout pressure goes out oil comes in causeing smoke and loss of acceleration.
Testimonial: "Turned out it WAS the turbo! We'd owned the car 3 1/2 months!Just 2 weeks after the dealerships warranty expired... "
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