Carlos Alberto de Oliveira Andrade is a medical doctor who was respected throughout the north and northeast of Brazil. He was born in João Pessoa, the capital of the State of Paraíba (PB) in Brazil. After years of practicing as a physician, his career trajectory moved toward Brazilian carmaker and distributor, CAOA. He currently serves as chairman of CAOA’s board of directors.
Carlos Alberto de Oliveira Andrade became an entrepreneur in 1979. At that time, he paid for and purchased a Ford Landau from a dealership in Brazil, however the dealership declared bankruptcy before the car was delivered. Carlos Alberto de Oliveira Andrade negotiated for the entire dealership to be transferred to him as compensation for the payments he made on the undelivered Ford Landau. This deal resulted in the establishment of CAOA.
The name CAOA derives from Carlos Alberto de Oliveira Andrade’s initials. After acquiring the dealership and establishing CAOA, Carlos Alberto de Oliveira Andrade became an entrepreneur and developed CAOA into the largest Ford dealership in Brazil.
Carlos Alberto de Oliveira Andrade is a visionary who sees opportunities and capitalizes on them. In 1992, after Brazil opened its market to imported vehicles, CAOA became the exclusive distributor of French Renault vehicles in Brazil. Similarly, in 1998 CAOA became the official importer of Japanese Subaru vehicles. In 1999, CAOA took over the import and marketing of Hyundai vehicles.
In 2007, CAOA further expanded its business by building an auto manufacturing establishment, known as CAOA Automobile S/A. Carlos Alberto de Oliveira Andrade’s efforts earned him the title of ‘Entrepreneur of the Year in Industry’, by IstoÉ Dinheiro Magazine in 2007. CAOA strives to respect and preserve the environment. It has engaged in reforestation efforts in Brazil.
Carlos Alberto de Oliveira Andrade has earned numerous accolades for his efforts, including Hyundai “Distributor of the Year” in 2012 and first place in sales and after sales customer satisfaction surveys in 2014.
Recently, in 2017 CAOA partnered with Chery, the largest exporter of Chinese vehicles, to launch CAOA CHERY, a new 100% Brazilian automaker. CAOA continues to expand its business to develop innovative ideas.