Carlos Alberto de Oliveira Andrade is well known for the automobile. He has been in this industry since 1979 when he founded his automobile manufacturing and distribution network. Carlos Alberto de Oliveira Andrade is a physician and a businessman. The Carlos Alberto de Oliveira Andrade business started as a result of a failed deal of a Ford Landau order.
Dr. Carlos Alberto de Oliveira Andrade had ordered the Ford Landau but the Ford dealership was declared bankrupt before making the prepaid delivery. Carlos Alberto de Oliveira Andrade then suggested to be compensated by the management passing to him the distribution rights of the bankrupted dealership.
The success story started 6 years later when the company became the lead in Brazil Ford dealership. When prohibition of imported vehicles ended in 1992, Carlos Alberto de Oliveira Andrade got into a partnership with French franchise Renault. This partnership led to its ranking as the position one in the importation of vehicles.
In 1998, Carlos Alberto de Oliveira Andrade started the importation of Subaru a Japanese brand. The sales of the Subaru in a short while tripled. In 1999, the success story of Hyundai cars took a great turn under the leadership of Carlos Alberto de Oliveira Andrade. He developed a business plan that made the Hyundai Tucson model lead in the Brazilian market.
Manufacturing plant and awards
In 2007, Carlos Alberto de Oliveira Andrade earned the title “Entrepreneur of the year in industry”. This was after he established the Carlos Alberto de Oliveira Andrade Assembly. In Brazil, this became the first Hyundai Factory wholly owned and operated by Brazilians using locally sourced parts.
In 2010, IstoÉ Dinheiro awarded Carlos Alberto de Oliveira Andrade with “ Good doer company”. This was as a result of the reforestation and reuse waste of Carlos Alberto de Oliveira Andrade plants in Brazilian Midwest. The Carta capital magazine also awarded the Annapolis factory with “Most admired” award.
In 2012 in a competition with other Hyundai distributors Hyundai’s parent company awarded Carlos Alberto de Oliveira Andrade with “Distributor of the year”. In 2014, JD power institute awarded Carlos Alberto de Oliveira Andrade in sales and after sales first position during a survey on satisfaction. In 2017 he also got the same satisfaction award.
Partnership with Chinese Cherry compan
In 2015, at the Carlos Alberto de Oliveira Andrade commissioned the start of a research plant in Annapolis dealing with energy efficiency. This was quickly followed by a partnership between CAOA and Chinese technology and car manufacturer Cherry.