During the 2019 Car of the Year award organized by AutoEsporte, the founder of CAOA, Carlos Alberto de Oliveira Andrade was awarded the Executive of the year. His automotive career kicked off back in 1979 after buying one Ford Landau. The dealership he had bought the car from went in bankruptcy and he decided to buy the resale as compensation for not getting him the car.
In under six years, Dr, Carlos emerged the largest dealer of Ford automobiles in Brazil. Within a few years, he also became the exclusive importer for Renault. Carlos Alberto de Oliveira Andrade was also selected as the representative of the Hyundai in the entire country of Brazil and they collaborated in installing an industrial unit in the Brazilian state of Goias.
In 2017, CAOA assumed the operations of China’s Chery in Brazil and its plant that is located In Jacarei. The company has already begun the aggressive plan for launching different models and for expanding the company’s network.
In 2007, he used his own resources to establish the very first Hyundai manufacturing center in Brazil. In 2012, his initiative paid off as it was named the Distributor of the Year, competing against other 179 Hyundai dealerships around the world. As the chairman, Dr, Carlos has always been involved the important matters about the company.
Chery first came to Brazil in 2009, and with an initial investment of $400 million, the inaugurated their first factory in Jacerai in 2014. CAOA began controlling the company in 2017. The company has achieved tremendous growth since it kicked off its operation in Brazil. They have released Tiggo 2, which has become a bestseller.
Other models its expecting to add to the Tiggo line include the Tiggo 5X, Tiggo 7 and Tiggo 8. The launch for Toggo 5X and Arrizo 5 in Brazil are underway. The two models represent the company’s breakthrough in mechanics and style. They also feature the new 1.5 turbo engine. Carlos Alberto de Oliveira Andrade company is also planning on creating a sophisticated Tiggo 7. It will also release a Tiggo 8 which will be its first SUV with a passenger capacity of seven people.