The sideshow was reported shortly after 3:30 a.m. at San Pedro Street and Manchester Avenue, a spokesperson for the Los Angeles Police Department said. Several vehicles were blocking traffic and performing donut maneuvers in the street.
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The burning sedan was parked in the middle of the intersection, and news video shows an inferno emanating from all four of its windows as several people -- with camera phones in hand -- stand nearby.
Whether the fire was deliberately ignited or accidental was unclear. No injuries were reported.
Fireworks occasionally ignited after apparently being tossed into the flames. At one point, a spotlight from a helicopter above illuminated the intersection.
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Police officers responded to the scene, and firefighters waited for Department of Water and Power crews to de-energize downed power lines.
The crowd mostly dispersed upon the arrival of emergency responders, though some of the spectators jumped onto Fire Department rigs.
No arrests or citations were announced.