Founder of the company CAOA, Carlos Alberto de Oliveira Andrade did a lot of things during his career. He bought a Ford in 1979, and this is what made his career begin. The car dealership that he bought the Ford from filed for bankruptcy and he decided he would buy them out. A little over five years later he became the biggest Ford dealer in Brazil. Soon he started dealing with other car companies as well, one of the biggest was Hyundai.
Not long ago, CAOA took over the operations in Brazil for China. In 2007, the first Hyundai factory was opened in Brazil. In 2012, this same factory won the award Distributor of the Year. It won this award out of over 150 Hyundai dealers across the world. In 2014, the CAOA company started their first full operation away from China. This was a 400 million dollar investment. In 2011, CAOA had their best year as an importer. During 2011, CAOA also had their best year for producing cars and trucks. It is now said that their production and imports are declining a little more every year.
The production of new vehicles is soon to be started in Brazil. Carlos Alberto de Oliveira Andrade and the CAOA team have high hopes that this will help to jump start higher production and imports. They have worked hard to get their company up off the ground and running, and they want nothing more than to be successful. Being the first company to start a car manufacturing company in Brazil helps them to gain a little success, but they need to get their production and import numbers back up to remain successful. Carlos Alberto de Oliveira Andrade and the CAOA team will continue to work hard through the years to make sure that they remain successful.
Find out more about CAOA: https://www.linkedin.com/in/carlos-alberto-de-oliveira-andrade/