Carlos Alberto de Oliveira Andrade founded CAOA. He recently received an award that honored him as Executive of the Year for 2019. His success story began years ago when he bought a Landau in 1979. The dealership that sold him the vehicle went bankrupt. He decided he would solve his own dilemma and disappointment by buying the dealership.
It only took six years after buying the dealership that Carlos Alberto de Oliveira Andrade’s company became Ford’s biggest dealership in Brazil.
CAOA has also taken on the task of building China’s Chery vehicle. The plant runs operations in Sao Paulo. The company had an aggressive plan in place to expand the vehicle’s network and launch new brand models.
Carlos Alberto de Oliveira Andrade, in 2007, opened the first Brazilian Hyundai factory. Five years later the company created by Carlos Alberto de Oliveira Andrade won the “Distributor of the Year Award.” His company earned the top position out of 179 Hyundai dealerships around the world.
Today, one of the company’s biggest selling models is the Tiggo2 crossover. New additions for the Tiggo line include the Arrizo5 and Tiggo5X. For the brand, it represents a breakthrough in style and technology. The Tiggo7 and Tiggo8 launch are also working through planning stages as well.
For Carlos Alberto de Oliveira Andrade, the best year for his company was in 2011. This is the same year that truck and vehicle productions reached their peak. 2018 was an intense year for the entire automotive industry. Today, COCA forges ahead by announcing its agreement for technical cooperation with China and its Chery brand. COCA Chery is a new plant that will add its impact to the Brazilian economy.
In any event, it looks like Carlos Alberto Oliveira Andrade will continue to break new ground in Brazil’s automotive market. After all these years, he remains a mega successful entrepreneur and innovator.