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Daewoo Kalos 2003: Burning oil smell from under the bonnet?

My 2003 Daewoo Kalos runs well, but I get a burning oil smell and smoke emanating from under the bonnet after it warms up.

Is it using oil? Does it blow smoke from the exhaust? If the answer to those questions is no, then I would be looking for an oil leak from the engine.

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