Carlos Alberto de Oliveira Andrade’s Domination of the Brazilian Automotive Industry
Carlos Alberto de Oliveira Andrade is a top-notch businessman and the founder of CAOA, a world-class distributor and manufacturer of cars. Founded in 1970, CAOA has grown immensely under the leadership of Carlos Alberto de Oliveira. CAOA is a leader in the automotive sector in Brazil dealing with vehicles like Subaru and Ford.
Boris Feldman, a famous journalist and a motor vehicle expert, who hosts a radio show known as “Car Talk” recently spoke about Carlos Alberto de Oliveira Andrade by recalling an interview he had with him in 2012. In the article posted on the “Car Talk” portal, Boris Feldman referred to the CAOA owner as “Dr.” owing to his bachelor’s degree in medicine.
The article explains the success of Carlos Alberto de Oliveira Andrade who is the founder and the Chairman of CAOA’s Board of Directors. It goes ahead to illustrate one of the significant steps he has taken in revolutionizing the Brazilian automotive industry. For instance, as per g1.globo.com, other than importing and selling vehicles, Carlos Alberto de Oliveira Andrade invested heavily in starting a factory in Annapolis. The main aim of this plant was to make Hyundai trucks.
The article goes ahead to elaborate on Carlos Alberto de Oliveira Andrade‘s dream of making a Brazilian car. When Feldman asked about his dream, Carlos painted a clear picture of how he was going to actualise his dream. He stated that his firm had a design agency in Italy which was working on the design of the Brazilian car. He also said that he was already discussing with Fiat to secure an engine for the vehicle.
Six years later, Boris Feldman revisits the interview and can confidently say that Carlos Alberto de Oliveira Andrade actualized his dream. By keeping his Chinese counterparts close, coupled with the dedication and hard work of his team at CAOA, he came up with several brands of Brazilian-manufactured cars. Currently, CAOA produces iX35, Tucson, HR and HD80 trucks at its assembly plant in Annapolis city. In less than four decades, CAOA has sold more than one million cars in the Brazilian market.