Carlos Alberto de Oliveira Andrade is an entrepreneur based in Brazil. He currently operates an auto factory and dealership for a variety of vehicle models. When he first started his career, he was a medical doctor. During his stint as a doctor, Carlos was very well respected and had a successful career. However, he wanted to get involved in the automobile business. He would pursue this sector by joining a dealership Carlos wanted to acquire a Ford Landau but was unable to because the dealership went bankrupt. Andrade would eventually acquire the dealership and build it into one of the top performing dealerships in Brazil. In the 2000’s, Andrade would start up a factory that would manufacture vehicles.
In the late 1970’s, as per Globo, Carlos Alberto de Oliveira Andrade got into the automotive business by affiliating with a local car dealership. The dealership offered vehicles such as a Ford Landau. Unfortunately, the dealership was filing for bankruptcy and therefore, Carlos was unable to get this new vehicle. However, he offered to buy the dealership and take it over. Once he took over the dealership, he would gradually build it into one that was among the most successful in Northern Brazil. Carlos would establish this dealership as CAOA which is named after himself.
By the year 1992, Carlos Alberto de Oliveira Andrade expanded his operations to acquire more vehicle brands. The first vehicle brand that he acquired was the Japanese automobile known as Subaru. Within a few years, Carlos made his dealership the top selling distributor of Subaru vehicles in Brazil. This would allow him to acquire another vehicle brand known as Hyundai. He would go on to sell the South Korean auto brand in large volumes as well. After establishing a very successful dealership, Carlos would then look to start up an auto manufacturing factory.
During the year 2007, Carlos Alberto de Oliveira Andrade used his own money to purchase a factory where he can manufacture automobiles and other vehicles. His factory would manufacture Hyundai vehicles. Over the last decade, his factory became the exclusive manufacturing plant for Hyundai vehicles in Brazil. During the last several years, Carlos has earned recognition by winning the Entrepreneur of the Year Award.