General Motors CEO Dan Akerson revealed plans to expand Cadillac production outside of North America by the end of 2012. According to Akerson, building Cadillacs in other areas of the world would safeguard the company from foreign-currency fluctuations and allow GM to better handle its supply chain.

Currently, the only Cadillac model assembled outside of North America is the China-market SLS, which is a stretched version of the STS sold in the States. Akerson did not reveal where GM plans to build the Cadillac models. And truth to be said, Cadillac has a long way to go before it can truly compete against its German rivals in the premium segment, namely Audi, Mercedes-Benz and BMW, on a global scale.