In 1979, Dr. Carlos Alberto de Oliveira Andrade began his journey in the automotive business. He founded the CAOA, and soon began managing a Ford dealership. Until year 1992, Brazil was not entitled by law to import vehicles. Dr. Carlos Alberto de Oliveira Andrade and his organization the CAOA started importing Renault brand vehicles, which went on to become the number one selling brand in the imported segment. The CAOA group went on to house big names like Subaru and Hyundai and became the largest Ford dealer in all of Latin America. By 2007, the group had launched the first Hyundai Factory in Brazil. Dr. Carlos Alberto de Oliveira Andrade was well known and a man of many accomplishments. He was named “Entrepreneur of the year in industry.”
The Hyundai factory was recognized for other good deeds such as it’s participation in the reforestation of the Midwest and was recognized for being the most admired. Dr. Carlos Alberto de Oliveira Andrade always put his consumers wants and needs first and the result was Hyundai’s success in Brazil. It came as no surprise that when Hyundai took off and became a prominent name for the people of Brazil, so did production. The Santa Fe was ranked one of the most popular and had evolved drastically over a period of a few years, winning over the satisfaction of the customer. The CAOA began to broaden their horizons and branch out further into the world of investing. They decided to take a leap and invest a whopping $131 million into the Center for Research and Energy Efficiency resulting in being the most energy efficient factory in all of Latin America. The center conducts analysis’ on vehicles and engines as well as (but not limited to) fuel research. These investments in modern technology have created an advanced quality of their products. The CAOA is still being recognized today for its strength, highly trained team and customer service. It does not go without saying that Dr. Carlos Alberto de Oliveira Andrade built a legacy that will have forever brought benefits to the country of Brazil.
Visit their website: https://caoa.com.br/historia