Recently in August, world-renowned automobile expert and journalist Boris Feldman talked about the doctor cum entrepreneur Carlos Alberto de Oliveira Andrade in his radio show called “Car Talk”. He is currently the head of the largest car distributor and manufacturer in South America.
The journey of Carlos Alberto de Oliveira Andrade from being a doctor in Paraiba to becoming a successful and important businessman in the automobile industry in Brazil is indeed inspiring. He founded CAOA in 1979, which is the market leader in the automotive industry with units spread all across Brazil. They have long-lasting dealerships from famous automobile brands such as Hyundai, Subaru, and Ford. Due to their excellent performance and high customer satisfaction record, they became the only dealers with rights to import Hyundai cars and Subaru in 1996.
In the year 2007, the company became a manufacturer of cars and has set up an installation unit in Anapolis, Goias. The manufacturing plant was built with the intention of producing HR truck models from Hyundai. In 2009, they got the license of producing Hyundai Tucson SUVs in their Anapolis factory. Currently, they assemble and produce a range of cars like Tucson, iX35, HD80 trucks, etc. at their installation plant. Since 1979, they have steadily sold over a million cars of different varieties in the Brazilian market.
The manufacturing rights of HR and HD78 trucks were obtained from a license issued by Hyundai itself. The founder’s long-time wish is to create a new brand of homegrown cars. Expert Boris Feldman sounded convinced that Carlos Alberto de Oliveira Andrade has changed the landscape of the automobile sector of the country and has positively impacted the Brazilian economy.
Carlos Alberto de Oliveira Andrade has been an aggressive yet composed entrepreneur who follows a set of principles and utilizes all his learnings and experience during making business decisions. His entrepreneurial skills and business acumen have been sharp and unfathomable throughout his career. He is an individual who specializes in manufacturing cars, managing and expanding dealership coverage, ensuring proper distribution and effective marketing and efficient management of spare parts inventory. To date, CAOA has secured dealerships and manufacturing rights for French Renault, Korean Hyundai, Japanese Subaru, and the American Ford.
Visit their website: https://caoa.com.br/historia