While speaking to the media, General Motors CEO Dan Akerson revealed plans to expand Cadillac production outside of North America by the end of 2012 as part of the Detroit firm’s efforts to make its premium brand a “true global marque”. 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.
"We're going to try to define a slightly different brand and product strategy by having a global premium brand, Cadillac, and a global value brand, Chevrolet," Akerson told reporters before GM's annual shareholders meeting.
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