Mike Floyd

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.

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Automotive

U.S. Lawmakers Raising Concerns Over Self-Driving Test Data-Collection by Chinese Companies
Nov 17, 2023 Ξ

U.S. Lawmakers Raising Concerns Over Self-Driving Test Data-Collection by Chinese Companies

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A bipartisan group of U.S. lawmakers has expressed growing apprehension regarding the data-collection practices of Chinese companies testing self-driving vehicles in the United States. The concerns were articulated in letters  Full Article »

Automotive

2024 North American Car, Truck and Utility Vehicle of the Year Finalist Announced
Nov 16, 2023 Ξ

2024 North American Car, Truck and Utility Vehicle of the Year Finalist Announced

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The finalists for the 2024 North American Car, Truck, and Utility Vehicle of the Year (NACTOY) Awards have been unveiled at the prestigious Los Angeles Auto Show. The culmination of  Full Article »

Auto Show

2025 Lucid Gravity SUV Introduced with up to 440-Mile Range and Under $80K Starting Price
Nov 16, 2023 Ξ

2025 Lucid Gravity SUV Introduced with up to 440-Mile Range and Under $80K Starting Price

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In what may be a milestone for the electric vehicle market, Lucid Motors has unveiled its highly anticipated SUV, the Gravity, scheduled for production in late 2024. The all-electric luxury  Full Article »

Automotive

Redwood Materials Signs Long-Term Contract to Supply and Recycle Hybrid Batteries for Toyota
Nov 16, 2023 Ξ

Redwood Materials Signs Long-Term Contract to Supply and Recycle Hybrid Batteries for Toyota

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Redwood Materials has recently inked a long-term contract to supply Toyota Motor with recycled materials, catering to the Japanese automaker’s ambitious $13.9 billion electric vehicle (EV) battery plant in North  Full Article »

Automotive

UAW Deal with GM, Detroit 3 Automakers Close to Getting Final Stamp of Approval
Nov 16, 2023 Ξ

UAW Deal with GM, Detroit 3 Automakers Close to Getting Final Stamp of Approval

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The tentative labor deal between General Motors (GM) and the United Auto Workers (UAW) union is approaching ratification, signaling a significant step in labor relations within the automotive industry. As  Full Article »

Automotive

Mercedes-Benz Poised to Change EV Charging Game Launching First Charging Hub in North America with Premium Experience
Nov 15, 2023 Ξ

Mercedes-Benz Poised to Change EV Charging Game Launching First Charging Hub in North America with Premium Experience

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Mercedes-Benz wants to revolutionize the electric vehicle (EV) charging landscape in North America with the launch of its first Charging Hub at the Mercedes-Benz USA Headquarters in Sandy Springs, Georgia.  Full Article »

Automotive

Tesla Backtracks and May Not Sue you for Reselling A New Cybertruck After All
Nov 15, 2023 Ξ

Tesla Backtracks and May Not Sue you for Reselling A New Cybertruck After All

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Tesla has reportedly reversed its stance on potential legal action against individuals reselling their newly purchased Cybertrucks. Initially, Tesla’s Motor Vehicle Order Agreement contained a clause specific to the Cybertruck,  Full Article »

Automotive

NTSB Pushing for Anti-Speeding Technology in New Cars
Nov 15, 2023 Ξ

NTSB Pushing for Anti-Speeding Technology in New Cars

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The National Transportation Safety Board (NTSB) is advocating for the incorporation of intelligent speed-assistance technology in all new vehicles produced by 17 major automakers. This recommendation comes in the wake  Full Article »

Automotive

U.S. Energy Department Attempts to Boost EV Battery Industry with Additional $3.5 Billion in Funding
Nov 15, 2023 Ξ

U.S. Energy Department Attempts to Boost EV Battery Industry with Additional $3.5 Billion in Funding

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The U.S. Department of Energy is taking substantial steps to bolster the domestic electric vehicle (EV) battery industry by announcing an additional $3.5 billion in funding. This initiative is aimed  Full Article »

Automotive

New Car Preview: 2025 Toyota Crown Signia SUV
Nov 14, 2023 Ξ

New Car Preview: 2025 Toyota Crown Signia SUV

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Toyota is broadening its Crown lineup in America with the introduction of the 2025 Crown Signia SUV, marking the second Crown model in the United States and the latest addition  Full Article »

Automotive

New Car Preview: 2025 Toyota Camry
Nov 14, 2023 Ξ

New Car Preview: 2025 Toyota Camry

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The 2025 Toyota Camry, renowned as one of America’s best-selling sedans, has undergone a comprehensive redesign, marking the introduction of its ninth generation. This latest iteration introduces a range of  Full Article »

Automotive

GM Will Provide Engines for Andretti Cadillac Formula 1 Team Starting in 2028 Season
Nov 14, 2023 Ξ

GM Will Provide Engines for Andretti Cadillac Formula 1 Team Starting in 2028 Season

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Cadillac has officially confirmed its entry into Formula 1 as a power unit manufacturer, with plans to supply hybrid drivetrains to the newly established Andretti Cadillac F1 team from the  Full Article »

Automotive

Hyundai to Raise US Hourly Wages by 14% Next Year, 25% by 2028 After UAW Deal
Nov 14, 2023 Ξ

Hyundai to Raise US Hourly Wages by 14% Next Year, 25% by 2028 After UAW Deal

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Hyundai Motor has announced plans to increase wages for nonunion production workers at its Alabama factory by 25% by 2028, following recent agreements reached by the United Auto Workers (UAW)  Full Article »

Automotive

Study: Tall Trucks, SUVs are 45% Deadlier in US Pedestrian Crashes
Nov 14, 2023 Ξ

Study: Tall Trucks, SUVs are 45% Deadlier in US Pedestrian Crashes

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The latest research from the Insurance Institute for Highway Safety (IIHS) reveals that trucks and sport utility vehicles (SUVs) with hood heights surpassing 40 inches are associated with a 45%  Full Article »

Automotive

1962 Ferrari GTO Sold For A Record $51.7 Million at Auction
Nov 13, 2023 Ξ

1962 Ferrari GTO Sold For A Record $51.7 Million at Auction

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We recently posted that an ex-factory 1962 Ferrari 250 GTO would hit the auction block and potentially set a record. Now, the auction has concluded with an awe-inspiring bang, a  Full Article »

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