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

Ford Calls to End Month-Long UAW Strike as Costs Mount Leaving Future of Automakers in Question
Oct 17, 2023 Ξ

Ford Calls to End Month-Long UAW Strike as Costs Mount Leaving Future of Automakers in Question

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In a high-stakes battle of wills, Bill Ford, the executive chairman of Ford, made a fervent plea on Monday, urging the United Auto Workers (UAW) union to bring an end  Full Article »


Automotive

GM’s Cruise Robotaxis Being Investigated by NHTSA over Pedestrians in Roadways Incidents
Oct 17, 2023 Ξ

GM’s Cruise Robotaxis Being Investigated by NHTSA over Pedestrians in Roadways Incidents

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The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into General Motors’ Cruise autonomous vehicle division due to reports of incidents involving pedestrian safety on the road. The  Full Article »

Automotive

When Will We See Solid-State Batteries in New Toyota EVs with 600+ Miles of Range?
Oct 16, 2023 Ξ

When Will We See Solid-State Batteries in New Toyota EVs with 600+ Miles of Range?

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Toyota has become a bit more serious in the development of solid-state battery technology. These advanced batteries have the potential to redefine the electric vehicle (EV) industry by offering superior  Full Article »

Automotive

UAW Strike Could Disrupt Financial Strategies for Automakers
Oct 16, 2023 Ξ

UAW Strike Could Disrupt Financial Strategies for Automakers

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The ongoing United Auto Workers (UAW) strike is posing a significant threat to the financial strategies of major automakers like General Motors (GM) and Ford. Both companies had ambitious plans  Full Article »


Automotive

Report: Average Price of new Electric Vehicles Has Dropped by Nearly $15,000
Oct 13, 2023 Ξ

Report: Average Price of new Electric Vehicles Has Dropped by Nearly $15,000

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The Kelley Blue Book’s latest report reveals a significant development in the world of electric vehicles (EVs) in the United States. Over the past year, the average price of new  Full Article »

Automotive

A Sign of Things to Come? Stockholm to Ban Gas and Diesel Cars from Downtown Commercial Area in 2025
Oct 12, 2023 Ξ

A Sign of Things to Come? Stockholm to Ban Gas and Diesel Cars from Downtown Commercial Area in 2025

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Stockholm’s decision to ban gasoline and diesel cars from a downtown commercial area in 2025 represents a shocking decision in Europe’s efforts to combat pollution and promote electric mobility. According  Full Article »

Automotive

2024 Genesis G80 & Electrified G80 Earn Top Safety Pick+ Awards from IIHS
Oct 12, 2023 Ξ

2024 Genesis G80 & Electrified G80 Earn Top Safety Pick+ Awards from IIHS

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In a significant achievement for Genesis, the 2024 Genesis G80 and its electrified counterpart, the Electrified G80, have been honored with the prestigious TOP SAFETY PICK+ awards by the Insurance  Full Article »

Automotive

UAW Has Surprise Strike at Ford’s Largest Factory, Pressure Put on GM and Stellantis
Oct 12, 2023 Ξ

UAW Has Surprise Strike at Ford’s Largest Factory, Pressure Put on GM and Stellantis

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The United Auto Workers (UAW) threw a curveball at the automotive industry on Wednesday when they launched an unexpected strike at Ford’s largest and most lucrative factory, creating a ripple  Full Article »

Automotive

Survey: Over Half of Americans Unlikely to Buy an Electric Vehicle
Oct 11, 2023 Ξ

Survey: Over Half of Americans Unlikely to Buy an Electric Vehicle

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A recent survey conducted by Yahoo Finance and Ipsos has shed light on the cautious attitude of many Americans toward electric vehicles (EVs). Despite the growing momentum of the electric  Full Article »

Automotive

Kokomo, Indiana Selected for Stellantis’ Second US Battery Factory with Samsung SDI
Oct 11, 2023 Ξ

Kokomo, Indiana Selected for Stellantis’ Second US Battery Factory with Samsung SDI

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Stellantis has announced a noteworthy development in the electric vehicle (EV) sector. The company is set to construct its second electric vehicle battery factory in Kokomo, Indiana, in collaboration with  Full Article »

Automotive

New Car Preview: 2024 BMW X2
Oct 10, 2023 Ξ

New Car Preview: 2024 BMW X2

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In the ever-evolving world of luxury automobiles, BMW has once again managed to captivate the automotive enthusiasts’ attention with the 2024 BMW X2. This new iteration presents itself as a  Full Article »

Automotive

Getting A $7500 Electric Vehicle Tax Credit Will Be Easier to Get and Instantaneous
Oct 10, 2023 Ξ

Getting A $7500 Electric Vehicle Tax Credit Will Be Easier to Get and Instantaneous

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Getting a $7,500 tax credit for purchasing an electric vehicle (EV) is set to become a quicker and more accessible process, thanks to changes in the tax incentive system. Starting  Full Article »

Automotive

Hyundai Explores New Off-Roading Chops in Custom Santa Cruz for All-Women 2023 Rebelle Rally
Oct 10, 2023 Ξ

Hyundai Explores New Off-Roading Chops in Custom Santa Cruz for All-Women 2023 Rebelle Rally

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Hyundai is gearing up for an exciting off-road adventure as it prepares to participate in the eighth-annual Rebelle Rally, a unique all-women off-road navigation challenge set to cover 1,500 miles  Full Article »

Automotive

GM Canadian Plants Face Strikes as Workers Walkout
Oct 10, 2023 Ξ

GM Canadian Plants Face Strikes as Workers Walkout

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About 4,300 unionized workers have initiated strikes at three General Motors (GM) plants in Canada, marking a significant development in the ongoing labor disputes within the automotive industry. This move  Full Article »


Automotive

Genesis Expands Dedicated Retail Store Plans with First Facility in New Jersey
Oct 9, 2023 Ξ

Genesis Expands Dedicated Retail Store Plans with First Facility in New Jersey

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The Genesis luxury automotive brand has expanded its presence in the United States with the grand opening of its first standalone retail facility in New Jersey – Genesis of Cherry  Full Article »

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