The Car of the Year award is one of the most prestigious awards in the automotive sector. The 52nd event that took place in the 26th of November paid tribute to Dr. Carlos, the chairman of CAOA. He has managed to build the largest conglomerate in the country that deals with production and sale of motor vehicles. Carlos Alberto de Oliveira Andrade received an award in the category of the Executive of the Year 2019 courtesy of the AutoEsporte, a renowned specialized magazine.
The awards mark the near end of an intense year in the automobile industry, especially for Dr.Carlos’ company. Towards the end of 2017, CAOA announced the company’s agreement with Chery that led to the development of national assembly plant they have given the name CAOA CHERY. In its first year of operation, the company has released Tiggo 2, which is the second model of this successful brand.
The last International Motor Show held in Sao Paulo saw the company present Tiggo 8 whose launch remains undated but it is being studied for production. The company also presented Arrizo5 sedan that is set to be released soon in the Brazilian market. They also exhibited the Tiggo5X SUV that will be released towards the end of December while Tiggo 7 launch is scheduled for January next year.
During the awards, Carlos Alberto de Oliveira Andrade expressed his gratitude for the tribute. He said that it was a sign that his company was on the right path and it’s committed to the relationships it has created with partners. According to Dr. Carlos, CAOA is not only interested in making cars that have his name and are 100% made in Brazil, but its also working towards strengthening its old relationships and making the company the largest distributor of motor vehicles in Brazil.
Dr. Carlos is the founder of CAOA and works as the company’s Chairman. He holds a medical degree and he began his venture when he acquired a Ford dealership in 1979. The transaction with the then dealership owners was a compensation for a prepayment he has made for a car that was never delivered. He took over the Ford dealership operations and 6 years later it was the largest in Latin America. This marked the beginning of CAOA success in the automotive sector.