Carlos Alberto de Oliveira Andrade is a Brazilian automobile entrepreneur who was recently honored with the Executive of the Year award. He was chosen to receive the award for many different reasons, and one of these was that he led his company, CAOA, into another year as the leader of sales of vehicles in Brazil. The award was given to him by the magazine AutoEsporte and honored him for his work in 2018 as the company made an agreement with Chery. This agreement has paved the way for the construction of CAOA CHERY, which will see a new assembly plant created in Brazil.
The agreement between the two companies, which was fostered by Carlos Alberto de Oliveira Andrade, has been very successful so far. In 2018, CAOA CHERY saw a record growth of auto sales, which has greatly improved upon its position in the Brazilian automobile sector. New products will soon be on the way, and one of these was Tiggo2, which is the first automobile auto to be released after the partnership. Carlos Alberto de Oliveira Andrade, in cooperation with CHERY, has also revealed that CAOA CHERY will be releasing hybrid vehicles as well as electric vehicles.
Carlos Alberto de Oliveira Andrade admitted that he felt honored by the tribute to him and also commented that receiving it means his company is doing something right. He went further to talk more about how he is working on exciting new partnerships as well as revisiting old partnerships in order to strengthen them. He continues to work hard to make CAOA the largest vehicle production and distribution conglomerate in the country of Brazil.
Carlos Alberto de Oliveira Andrade founded CAOA in 1979 and continues to work as the company’s chairman. The company was created when Andrade, who was an expert in medicine at the time, paid for a vehicle that he never received. The car company was set to go bankrupt, but Carlos Alberto de Oliveira Andrade insisted that the company be turned over to him because his car was never delivered. After this, it only took him a little over half of a decade to make CAOA the largest Ford dealership in Latin America.