Way back in 1979, Carlos Alberto de Oliveira Andrade was an active medical doctor practicing medicine in Brazil. Today he leads CAOA, his auto company that is one of the most talked about and respected business entities in Brazil.
Dr. Carlo’s CAOA was the company that took over the primary distribution of Hyundai models in Brazil! When CAOA began importing Subura’s, the annual sales for that particular Japanese company tripled in Brazil!JD Power and Associates rank CAOA very high in, not only sales but also for service after said sales. The parent company that oversees Hyundai chose CAOA out of almost 200 other companies to recognize them with “Distributor of the Year Award” during 2012.
There’s a piece of the story missing at the beginning it seems; doesn’t it? If this is what you were thinking, we’ll fill you in. How did Carlos Alberto de Oliveira Andrade go from being a medical doctor to winning all the awards discussed above? It all started when Dr. Carlos ordered a type of Ford car from the 1970’s that was called a Landau. The downpayment for this model was a respectable amount of cash. The dealership that was to deliver the Landau went bankrupt. Carlos Alberto de Oliveira Andrade thought, without hesitation, why not see if I can get this entire dealership for my downpayment since they’ve sunk? This was a good thought to have because it worked!
Around six years after the moment that Dr. Carlos had that thought, the former medical doctor was running the largest automobile dealership in Brazil! During 1992 importing of automobiles was finally occurring in Brazil. Carlos Alberto de Oliveira Andrade was one of the big players to get involved. Dr. Carlos’ CAOA made Renault (a French Brand) the number one import in Brazil until the parent company took back over.
Carlos Alberto de Oliveira Andrade is also a really big fan of environmental causes, especially the reforestation of the Brazilian Mid-West. Because of this cause, his Hyundai manufacturing plant reuses a great deal of the waste that they create. This initiative leads to CAOA winning the “Good Doer Company Award” given by IstoÉ Dinheiro. Carta Capital (Brazilian magazine) recognized CAOA as the most admired company for three years in a row.