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Carlos Alberto de Oliveira Andrade – 35 Years Of Amazing History

The 35 year history of CAOA in Brazil is amazing. With a little trip down memory lane, you will see why the group is one of the largest auto companies across the country and world.

The Beginning

It all started back in 1979. Carlos Alberto de Oliveira Andrade is the founder of the automotive group. He started in the field as an automotive selector after gaining the Ford dealership in Landau. The re-seller had filed for bankruptcy and did not hesitate to offer him a great deal on the dealership. In this way, Carlos Alberto de Oliveira Andrade founded his company and quickly became the largest Ford company dealership in Brazil over the next six years.

Official Importer

In 1992, Brazil had started to allow the importation of vehicles. To use this to his advantage, Carlos Alberto de Oliveira Andrade became the country’s official importer for the Renault brand. His company ended up making the Renault brand the top seller in the whole country in less than three years.

Here Comes Other Imports

Very soon after allowing imported vehicle brands, Brazil began allowing the import of Subura brand vehicles from Japan. Sales of these vehicles quickly escalated in less than one year.

Now On To Hyundai Brands

Later in the 1990s, Hyundai was allowed to be imported into the country as well. The brand, however, was unsuccessfully branded by other dealers in Brazil in the past. With the company owned by Carlos Alberto de Oliveira Andrade, the brand became a huge success with the importation of the new Tucson model.

Now The Largest Dealer

Fast forward a few years to 2006. CAOA is now the largest automotive dealer of Ford in the Latin America. It is also the exclusive distributor and importer of the Hyundai and Subaru brands across the nation. The following year, the very first factory for Hyundai was built in Annapolis. This new factory ended up earning Carlos Alberto de Oliveira Andrade a very important award in 2007.

The company works hard to make great choices for the environment. They like to reuse waste from the vehicle production facilities as a way to help with reforestation in the Midwest.

Find out more: https://www.istoedinheiro.com.br/noticias/investidores/20071212/carlos-alberto-oliveira-andrade/17108

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