Motortrade Nationwide Corporation, branded as Motortrade and sometimes incorrectly called simply as Motortrade Philippines, is a Philippine-based conglomerate engaged in motorcycle dealership,[1] sales and repair, and loans services.
History
Established as Bicol Supply Center in 1969 by Chinese-Filipino migrant Vicente Ongtenco, it initially offered motorcycle spare parts and hardware components in Daet, Camarines Norte.[2] The business grew and shifted towards a motorcycle retail business and was eventually incorporated by the Securities and Exchange Commission (SEC) on December 27, 1979, as Motortrade Nationwide Corporation.[3]
In 2011, Motortrade ranked top 300 in BIR's list of top taxpaying corporations in the Philippines.[4]