Carlos Alberto de Oliveira Andrade has made quite the name for himself in the country of Brazil. He was born in the capital of the State of Paraiba, João Pessoa in the nation and studied to become a medical doctor when he was younger. He practiced medicine for a time and was known as a good physician in many parts of Brazil. Instead of remaining in the practice, he made a career change when a Brazilian car distributor and manufacturer declared bankruptcy without delivering a car he paid for. Instead of accepting that he would never get his car, he demanded that the dealership be handed over to him to pay him back for the vehicle.
The deal was made and Carlos Alberto de Oliveira Andrade officially put together CAOA; naming the company after the initials in his name. Years later, Brazil opened itself up to imported vehicles, and he jumped on the opportunity to make his company the exclusive importer of Renault, which is a French car. In 1998, his company also began to import Subaru’s and became the brand’s official importer. Andrade also helped his company to become the main importer of Hyundai vehicles, which have had a lot of success in Brazil.
In 2007, Carlos Alberto de Oliveira Andrade built CAOA’s first factory where the company would begin to manufacture its own vehicles. The first factory would be a Hyundai factory, and this was the first of its kind to come to his home country. IstoÉ Dinheiro Magazine honored him as the “Entrepreneur of the Year in Industry” in 2007, and he won many other awards following this. Recently, CAOA, with the help of Carlos Alberto de Oliveira Andrade has launched a joint partnership with Chery to create CAOA CHERY, which is a Brazilian automaker. It is expected that great things will come from the partnership, and Andrade is excited to be a part of history in the country of Brazil. His car company has now sold one million automobiles in Brazil and has locations in every region of the country. Looking into the future, Andrade expects more great things to come.