Carlos Alberto de Oliveira Andrade is a renowned businessman and the founder of CAOA, the leading car dealer company in Brazil. CAOA specializes in the production and distribution of vehicles in Brazil and Latin America. Carlos Alberto de Oliveira Andrade started the company in 1979, and the company has grown to be a leading car distributor in every region Brazil. The company has official distribution rights for Hyundai, Subaru, and Ford motors. Since the late 1990s, CAOA has been the only company authorized to import Subaru and Hyundai. The company manufactures the Tucson SUVs, HD80 trucks, and HR trucks in its Annapolis factory. Since its establishment, CAOA is responsible for the supply of more than one million vehicles in Brazil.
In a recent article by Feldman posted in the car talk portal, the editor in chief pointed out that Dr. Carlos has for a long time harbored a dream of manufacturing his cars just like the Koreans. He was in talks with a company in Italy to come up with a good design for his Tucson that will be powered by diesel engines manufactured by Fiat.
Six years after the interview, Feldman revisits Carlos Alberto de Oliveira Andrade dream to see whether it was a success. He succeeded in his dream by partnering the Chinese in his business, took over Chery and continued its operation in Annapolis, where he manufactures Hyundai as well. The success of CAOA as reported by Fieldsmen is that Carlos Alberto de Oliveira Andrade had a good solution to the challenges the Chinese faced.
According to Feldman, Carlos Alberto de Oliveira Andrade is changing the vehicle industry in Brazil, a country that had no big car manufacturing company apart from the failed attempts by Eike Batista and JaoaGurpel. He studied journalism with a specialty in automotive. In a post from mixpalestras.com.br, it was said that his knowledge as a journalist helped him to secure dealership deals, and create an assembly line that helps him in the marketing and distribution of new cars in Brazil.