Carlos Alberto de Oliveira Andrade was born in Brazil in the Paraíba State capital, João Pessoa. Carlos Alberto de Oliveira Andrade was a medical physician that practiced medicine and was well known and respected throughout the Northeast of Brazil. Carlos Alberto de Oliveira Andrade’s career took a change forty years ago when he came across Brazilian car distributor and maker, CAOA.
CAOA’s board of directors now include Dr. Carlos. This was in 1979 that Carlos Alberto de Oliveira Andrade became an entrepreneur. Carlos Alberto de Oliveira Andrade had purchased a car from a dealership that had failed to deliver the car as the dealership had gone bankrupt. The car was a Ford Landau and the dealership was Campina Grande. Before Carlos Alberto de Oliveira Andrade could receive the car, the dealership had filed for bankruptcy. Due to the unforeseen circumstances, Carlos Alberto de Oliveira Andrade had suggested that since the Ford Landau was not delivered that the possession of the Campina Grande be moved under him to offset for the payment made for the car.
Hence CAOA was created. The abbreviation stands for Carlos Alberto de Oliveira Andrade. In CAOA’s first six years of the company, Dr. Carlos, medical physician turned entrepreneur, had become the largest Ford distributor in Brazil. In an article from gppalestras.com.br, it says that Brazil soon opened its doors in 1992 to imported vehicles and Carlos Alberto de Oliveira Andrade made sure to take advantage of this. Renault, French franchise, was exclusively imported and distributed by CAOA in Brazil and had raised the French franchise to the number one spot in sales for imported brands. Renault eventually took over import rights in Brazil. Subaru, the Japanese franchise, had also become one of CAOA’s imported brands and had tripled the sales of the brand.
In 2007 Carlos Alberto de Oliveira Andrade fulfilled his dream of opening his own Automobile manufactory in Brazil. The partnership with Hyundai paved a way to this and after spending $600 million of his own money, Carlos Alberto de Oliveira Andrade opened CAOA Automobile S/A, known to be the first factory of Hyundai in Brazil.
Carlos Alberto de Oliveira Andrade has also made sure that the preservation of the environment is done and is part of CAOA and has received the “Good doer Company” award. In 2012 the company won another award for Distributor of the year. 2014, CAOA was ranked number one in sales, and after sales, which was provided by JD Institute.
Just recently, in 2017, CAOA and Cherry partnered to form a historic merger as CAOA CHERY, a completely new and one hundred percentage owned Brazilian automaker. The two bring about the best of both companies.