History of Carlos Alberto de Oliveira Andrade and CAOA Company

Carlos Alberto de Oliveira Andrade is the founder and the present Chairman of CAOA`s Board of Directors, an automotive company founded in 1979. Dr. Carlos is also a respected doctor by profession. In 1979 during his first year in his career, Dr. Carlos bought a Ford Landau from Ford dealership, although the dealership was declared bankruptcy before the car was delivered to him. As a result of failure to provide the car Dr. Carlos proposed the bankrupt Ford dealership to be passed to him as compensation. This became the source of CAOA which grew very fast becoming the main Ford dealership in Latin America within a period of less than six years.

Hitherto burn, which prohibited Brazilians` from importing cars was lifted in 1992. CAOA became the official and only importer of Renault cars in Brazil, the same year. Over the years CAOA gained popularity and many companies partnered in marketing their automotive. By 2006 the CAOA Group had maintained the led in Latin America as the largest Ford dealer as well as exclusive importers and distributors of the Subaru and Hyundai brands in Brazil.

In April 2007 a dream for Dr. Carlos came true after he inaugurated his own and first Hyundai Automobile plant in the District of Anapolis, state of Goias. The land was preferred because of its strategic position for massive development and distribution of vehicles in Brazil and neighboring countries. After this accomplishment, Dr. Carlos was given a title as Entrepreneur of the Year in Industry from IstoE Dinheiro Magazine. The same Magazine identified Anapolis factory as the Good doer Company because of their effort in conserving the environment through recycling of the vehicle waste and participation in reforestation of Brazilian Midwest.

The company was also recognized by Carta Capital magazine as the most admired company for three consecutive years. Recently South Korea`s Hyundai Company awarded Dr. Carlos as the Distributor of the Year competing with 179 Hyundai dealers globally. It was the first time Hyundai presented the award to a distributor outside Europe, and this came as a great honor for Hyundai dealers and pride to Brazilians.

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