Police say the vehicle was stolen from a Mazda dealership. Employees at the dealership say he was wearing a mask and armed with what appeared to be an assault rifle.
The suspect drove at excessive speeds, at times exceeding 100 mph on surface streets as officers followed close behind.
The suspect weaved through traffic, drove into oncoming lanes and went through lights in an effort to avoid capture. The chase went through Van Nuys, Tarzana, Encino and Sherman Oaks, then headed into the Sepulveda Pass.
Police chase car stolen at gunpoint from Van Nuys dealership
In Bel Air, the car drove into a gated community, made a U-turn around the gate and sideswiped a police cruiser in an effort to avoid capture.
He continued slowly down the residential street until the car began emitting heavy smoke from under the hood and the vehicle stopped.
Driver arrested after San Fernando Valley police chase
Once the car stopped, the suspect complied with police orders and surrendered without further incident.
Officers were seen removing two rifles from the vehicle.