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

EVs Will Get Industry Standard Diagnostic System in 2026
Nov 13, 2023 Ξ

EVs Will Get Industry Standard Diagnostic System in 2026

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The landscape of electric vehicles (EVs) is set to undergo a significant transformation in 2026 with the introduction of an industry-standard diagnostic system. Currently, EVs lack a uniform onboard diagnostic  Full Article »

Automotive

Study: EV Depreciation Higher than ICE & Hybrid Vehicles After 5 Years
Nov 13, 2023 Ξ

Study: EV Depreciation Higher than ICE & Hybrid Vehicles After 5 Years

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A recent study conducted by iSeeCars in the United States has revealed that electric vehicles (EVs) experience higher depreciation than internal combustion engine (ICE) cars and hybrids after five years  Full Article »

Automotive

Tesla Will Sue for $50,000 If you Resell Your New Cybertruck During First Year of Ownership
Nov 13, 2023 Ξ

Tesla Will Sue for $50,000 If you Resell Your New Cybertruck During First Year of Ownership

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Tesla has unveiled the terms and conditions for the highly anticipated Cybertruck, scheduled for release on November 30. One notable stipulation prohibits owners from reselling their electric pickup trucks within  Full Article »

Automotive

Volkswagen To Make Good with Bringing $35,000 Electric Vehicle in next 3-4 Years
Nov 10, 2023 Ξ

Volkswagen To Make Good with Bringing $35,000 Electric Vehicle in next 3-4 Years

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Volkswagen is making good on the promise to introduce an affordable electric vehicle (EV) priced under $35,000 to the U.S. market within the next 3-4 years. The announcement was made  Full Article »

Automotive

2025 Toyota Camry Teased with AWD Hybrid Powertrain
Nov 9, 2023 Ξ

2025 Toyota Camry Teased with AWD Hybrid Powertrain

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In a recent teaser, Toyota has provided a glimpse of the forthcoming 2025 Toyota Camry, offering a tantalizing peek at the vehicle’s features and options. The teaser image, while not  Full Article »

Automotive

2024 Volkswagen Atlas & Atlas Cross Sport Earn Top Safety Pick+ Awards from IIHS
Nov 9, 2023 Ξ

2024 Volkswagen Atlas & Atlas Cross Sport Earn Top Safety Pick+ Awards from IIHS

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In a remarkable achievement for the 2024 Volkswagen Atlas and Atlas Cross Sport in the area of safety, both models have clinched the prestigious Top Safety Pick+ awards from the  Full Article »

Automotive

Ford Mustang California Special Returns for 2024
Nov 9, 2023 Ξ

Ford Mustang California Special Returns for 2024

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Ford is reviving the California Special package for the Mustang in 2024, bringing a fresh wave of style and design to this iconic American muscle car. This reintroduction showcases Ford’s  Full Article »

Automotive

GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals
Nov 9, 2023 Ξ

GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals

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General Motors (GM) and Stellantis, two major automotive manufacturers, are part of a group of investors who have collectively injected $33 million into a Minnesota-based company called Niron Magnetics. Niron  Full Article »

Automotive

Lucid Motors Latest Financial Results Show They Lost Over $430K Per Each Vehicle Sold in Q3 2023
Nov 8, 2023 Ξ

Lucid Motors Latest Financial Results Show They Lost Over $430K Per Each Vehicle Sold in Q3 2023

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In the third quarter of 2023 Lucid Motors faced some financial challenges as it looks like they are losing 6-figures for every vehicle they sold during such a time. According  Full Article »

Audi

Ken Block’s Final Gymkhana ‘Electrikhana 2’ Coming Soon as Bittersweet Farewell to his Legendary Hooning
Nov 8, 2023 Ξ

Ken Block’s Final Gymkhana ‘Electrikhana 2’ Coming Soon as Bittersweet Farewell to his Legendary Hooning

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Ken Block was a legendary driver that automotive enthusiasts and motorsports fans grew to love and enjoy his passion and entertaining aspects of driving like a hoon. Before his untimely  Full Article »

Automotive

Rivian Boosts Production Target Despite EV Demand Fears
Nov 8, 2023 Ξ

Rivian Boosts Production Target Despite EV Demand Fears

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Rivian Automotive, the American electric vehicle (EV) manufacturer, recently announced an optimistic production forecast for the year, raising it by 2,000 vehicles to a total of 54,000 units. This move  Full Article »

Automotive

Lucid Motors Adopts Tesla NACS Giving Future Owners Access to Supercharger Network
Nov 7, 2023 Ξ

Lucid Motors Adopts Tesla NACS Giving Future Owners Access to Supercharger Network

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Lucid Motors has just made a significant announcement in the world of electric vehicles (EVs). The company has decided to embrace the North American Charging Standard (NACS), a pivotal move  Full Article »

Automotive

New Car Preview: 2025 Ram 1500
Nov 7, 2023 Ξ

New Car Preview: 2025 Ram 1500

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Ram has unveiled its 2025 Ram 1500 pickup, introducing several noteworthy changes to its flagship truck model. The latest iteration of the Ram 1500 boasts updates in powertrain options, design,  Full Article »

Automotive

Toyota Reaches Historic Milestone of Producing 300 Million Cars in 88 Years
Nov 6, 2023 Ξ

Toyota Reaches Historic Milestone of Producing 300 Million Cars in 88 Years

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Toyota, with a well-established rich history that originated out of Japan, recently achieved a historic milestone by reaching the production of 300 million cars. This historic achievement comes 88 years  Full Article »

Automotive

Tesla Cybertruck Makes Appearance in Matte Black Vinyl Wrap, Could be Factory Option
Nov 6, 2023 Ξ

Tesla Cybertruck Makes Appearance in Matte Black Vinyl Wrap, Could be Factory Option

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A Tesla Cybertruck sporting a matte black finish recently made an unexpected appearance at a Teslas & Coffee event held in Santa Monica, California. This appearance marked a departure from  Full Article »

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