Mike Floyd is a finance executive by trade and a car enthusiast at heart. As a CFO with a keen eye for detail and strategy, Mike brings his analytical mindset to the automotive world, uncovering fresh insights and unique perspectives that go beyond the surface. His passion for cars—especially his favorite, the Porsche 911, fuels his contributions to Automotive Addicts, where he blends a love for performance and design with his professional precision. Whether he’s breaking down industry trends or spotlighting emerging innovations, Mike helps keep the site both sharp and forward-thinking.
The electric vehicle (EV) market in the United States is poised to achieve a historic milestone this year, with projections indicating that EV sales will reach a record 9% of Full Article »
Tesla has recently implemented substantial price reductions on new and low-mileage inventory vehicles in the United States. This significant move involves discounts of up to $6,300 across various models, including Full Article »
The latest addition to Bentley’s illustrious Heritage Collection is the bespoke 2020 Mulsanne Extended Wheelbase, marking the culmination of the Mulsanne line and returning home to Crewe after serving Her Full Article »
The Ford GTX1, an ultra-rare and highly coveted modern classic, stands out as a symbol of automotive exclusivity with only about 40 units in existence. For affluent collectors, acquiring one Full Article »
New Jersey has taken a bold and somewhat controversial step towards environmental sustainability by announcing a ban on the sale of new gasoline-powered vehicles by 2035. This initiative, aimed at Full Article »
The new 2024 Hyundai Elantra N gets several refreshing updates and performance enhancements. Initially introduced in 2021, the Elantra N has quickly gained favor among driving enthusiasts, contributing to the Full Article »
Lexus is actively expanding its electric vehicle (EV) lineup, with recent trademark filings suggesting that one of its upcoming EVs might be named the HZ. The company submitted trademark applications Full Article »
Toyota Financial, specifically its U.S.-based lending arm, Toyota Motor Credit, has agreed to pay $60 million to settle charges brought by the Consumer Financial Protection Bureau (CFPB). The allegations involve Full Article »
BMW M enthusiasts in Europe now have an exciting option to enhance the performance and aesthetics of their M2, M3, and M4 models, as BMW introduces a new center-locking wheel Full Article »
The CEO of General Motors’ autonomous vehicle unit, Cruise, Kyle Vogt, has resigned amid a safety review of the company’s U.S. fleet. Vogt’s departure came a day after he issued Full Article »
The United Auto Workers (UAW) has successfully ratified contracts with all three major Detroit automakers, namely Stellantis, Ford, and General Motors. However, the level of support for the contracts varied Full Article »
Hyundai and Kia are experiencing robust demand for electric vehicles (EVs) in the United States, according to senior executives who spoke to Reuters ahead of the Los Angeles Auto Show. Full Article »
Honda has issued a recall affecting nearly 250,000 vehicles produced between 2015 and 2020 due to a significant engine defect that poses the risk of serious damage. The recall specifically Full Article »
Hyundai and Kia are set to face lawsuits filed by several hundred insurers seeking to recover over $1 billion in connection with a wave of vehicle thefts inspired by social Full Article »
Fisker, the fresh-focused electric vehicle (EV) manufacturer, unveiled its latest creation, the Fisker Pear EV Crossover, at the LA Auto Show. The production-ready model of the Fisker Pear is expected Full Article »
