Carlos Alberto de Oliveira Andrade is the owner of the leader car dealership in Brazil, the CAOA. The company was first founded in 1979, but it took several years before it started to take off. Even by this time, the growth of CAOA was steady but rather slow in comparison to other major dealers around the world. It was around 1999 that things took on a drastic change for Carlos Alberto de Oliveira Andrade and his company. This is because they formed a contract with some major car manufacturers, such as Hyundai and Subaru. Through these new partnerships, Carlos Alberto de Oliveira Andrade has been able to turn the CAOA into a top dealership throughout South America.
At the time when Carlos Alberto de Oliveira Andrade found Campina Grande, a Ford dealership in 1979, he was an accomplished physician and had no real knowledge that he would be taking over one of the leading dealerships in the nation come forty years later. Carlos Alberto de Oliveira Andrade went to this dealership to buy a Ford Landau, but it was never delivered to him because they were going bankrupt. Instead of requested the money back, Carlos Alberto de Oliveira Andrade took over the company and the debt instead to make it his own. In less than a decade, Carlos Alberto de Oliveira Andrade turned the CAOA into a leading Ford dealership throughout Latin America.
Carlos Alberto de Oliveira Andrade was able to see his dream come to fruition in 2007 when the CAOA was inaugurated in Anapolis, Brazil. This full-on dedicated factor was Hyundai’s first to be constructive for their manufacturing in Brazil. Carlos Alberto de Oliveira Andrade has been long planning to build a dedicated plant and this venture cost more than 600 million dollars to complete from his own assets. Because of this accomplishments, Carlos Alberto de Oliveira Andrade was named as the entrepreneur of the year by Dinheiro Magazine.