Press Release

DealerMine Corporation Introduces New Service for Truck Dealers

The company’s obsolescence management service is now available to medium and heavy duty truck dealers

PORTLAND, Ore. April 6, 2011 – DealerMine Corporation (, provider of the obsolescence management service for auto dealers, announces its service is now being offered to medium and heavy duty truck dealers. Truck dealerships can now benefit from the same online service that’s been helping auto dealerships convert their idle parts into working capital.

DealerMine helps car and truck dealerships reduce their obsolescence and create new opportunities for sales and profits. Industry statistics suggest that parts that sit idle for 6-9 months have a low probability of selling. At 12 months they are considered obsolete. The web-based service matches buyers and sellers enabling Parts Managers to get rid of their idle parts and purchase their fast moving parts at a significant discount. Dealerships recoup some of their investment in idle inventory and dramatically increase profit margins.

"Idle stock costs dealerships money in more ways than one,” said Mark De Lucia president of DealerMine. Between the holding costs and opportunity costs, obsolescence drains dealer profits month after month. We’ve helped over 1,500 dealers recoup millions from obsolete parts and improve their bottom line. We are excited to introduce our solution to the truck market."

Data is collected from dealerships through a secure, automated process. The daily updates save time for Parts Managers and provide buyers and sellers with the most up-to-date information, optimizing opportunities for larger and more frequent orders. The program is simple and easy-to use. DealerMine’s industry expertise and approach to customer service ensures the process is smooth and painless for the Parts Manager and supports their overall goal of helping Parts Managers create an efficient, profitable parts operation.For more information, visit DealerMine at booth #530 the ATD Convention & Expo, April 15-18 in Phoenix, AZ.

About DealerMine Corporation
DealerMine provides a web-based service to help dealerships reduce their investment in slow-moving idle parts inventory. Since 2006, DealerMine has helped dealers liquidate millions of dollars in obsolescence and manage parts inventory more efficiently and profitably. DealerMine serves over 1,500 customers today and continually strives to provide exceptional, consistent and superior products and services that help automotive dealerships create and maintain a sustainable profit center. For more information visit

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