New to the forum but not to beemers. I have a 94 530i just picked up 4 weeks ago. Problem #1 just presented itself, there seems to be some noise comming from the traction control manifold underneath fuse box which is accompanied by the light on dash going on. When I opened the hood to investigate the noise seems like its comming mainly from the hose that's attached to the power steering fluid resevior. Is there a possibility there could be air in the system or a fault in the system. Has anybody had this problem.