About 20 prosecutors and investigators raided BMW Korea's main office and server storage in Seoul on Wednesday to investigate alleged attempts to cover up mechanical defects responsible for engine fires over the past years.
The Seoul prosecutors were securing additional data and evidence.
Police investigators had previously raided the same places during their 2018 to 2019 probes over 40 local victims of engine fires filed complaints. The case had been handed over to prosecutors in November last year.
The prosecutors were said to be planning to question call in BMW Korea Chairman Kim Hyo-joon and other company executives after data seized from the raid.
The team that investigated the company found defects in the cars' exhaust gas recirculation coolers and pipes that most likely caused the engine fires.
In 2018, investigators concluded that BMW Korea concealed fire hazards and belatedly recalled 22,670 vehicles.
The South Korean government fined BMW Korea 11.2 billion won for the delayed recalls.


Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9%
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 



