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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.
Mindanao-based Motortrade and Honda Prestige branches are separately managed by Motorjoy, around 200 branches, in order to facilitate rapid expansion in the island. [3] The company also carries brands such as Honda, [ 4 ] Yamaha, [ 5 ] Suzuki, [ 6 ] [ 7 ] Kawasaki, [ 8 ] Kymco, and PMR.
Honda Prestige is a result of the long-term historic partnership between then Philippine distributor, Mariwasa-Honda, (now Honda Philippines) and Motortrade since the latter's inception in 1969. [ 4 ] [ 5 ] While Motortrade still carries Honda motorcycle units, most Honda-quality and exclusive services are served via Honda Prestige branches ...
The automobile industry in the Philippines has struggled due to the COVID-19 pandemic. Even before the pandemic, sales were greatly affected due to the 2020 Taal Volcano eruption. Although sales are recovering, the local automobile industry's monthly average sales performance is still way below the figures.
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Honda Cars Makati, Inc. [34] [35] [36] and Honda Cars Cebu, Inc. [37] - Established in October 1990, Ayala Automotive Holdings began with a 12.9% stake in the P1.1B investment for the local operations and production plant of Honda Cars Philippines. Isuzu Automotive Dealership, Inc. [38] [39] [40] Isuzu Philippines Corporation (IPC) (owns 15%)
The original Honda TMX line started production in 1976 as the Honda TM 110, a heavy-duty derivative of the Honda S110 designed for tricycle use. In 1981, a more powerful version, TMX 155, was also launched. The TMX 155 is a 155.3 cc four-stroke, OHV, air-cooled engine. It had a 4-down manual transmission and a primary kickstarter.
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