Services provided by the company include vehicle photography, for manufacturers and retail dealers. It recently opened new offices in Belgium, France and Spain.

A Manheim subsidiary, Portfolio Europe provides services to 19 automotive brands including Audi, BMW, Chrysler Jeep, Mercedes-Benz, Mazda, MG Rover, Saab, Seat, Skoda, Subaru, Toyota and Volkswagen, maintaining 18 national used car locators, which support more than 1,800 retail dealers.

Rob Huting, managing director continental Europe for Portfolio Europe said: 'The launch of the German operation shows our commitment to expanding in Europe to meet the needs of our customers.

'The demand for our products and services is growing exponentially and we're just starting to see the emergence of true multi-market requirements, with an increasing number of our clients looking at common solutions to support a number of countries.'