Autobytel has expanded its reach by today announcing its launch in the Netherlands (www.autobytel.nl), the seventh country to have a dedicated site from the online stock locator.

The operation's investors are Dutch vehicle importer Pon Holdings, publisher De Telegraaf and car insurance firm Achmea.

Max Rens, CEO of Autobytel Europe, said: "Today, nearly 55% of internet traffic consists of non-US surfers - a number that will only grow. We recognised early on that the European automotive industry and consumers would embrace Autobytel's online revolution in car buying."

A Spanish site launch is anticipated soon with Germany and France following.

Autobytel global operations now include the US, UK, Canada, Sweden, Japan, Australia and Holland.