Detroit--Covisint L.L.C., the Big 3 automakers' storied e-hub is to launch Covisint Europe within the next few days, according to the Financial Times Deutschland
. The European unit will be based in Amsterdam and its chairman will be Lars Olrik, a former Ernst & Young L.L.P. executive, according to the report. Stateside, parent Covisint is still searching for a CEO, though it is already operating. The launch underscores how b-to-b exchanges are increasingly setting their sites on Europe as an offset to the slowing U.S. marketplace.