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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mike@automotiveaddicts.com

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Automotive

Biden Administration Offers $12 Billion in Grants and Loans for EV and Advanced Vehicle Production
Aug 31, 2023 Ξ

Biden Administration Offers $12 Billion in Grants and Loans for EV and Advanced Vehicle Production

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The Biden administration has unveiled a significant initiative aimed at accelerating the transition to electric vehicles (EVs) and supporting the American auto industry. Energy Secretary Jennifer Granholm announced that the  Full Article »

Automotive

Fisker Reveals Details on Affordable PEAR EV Crossover
Aug 31, 2023 Ξ

Fisker Reveals Details on Affordable PEAR EV Crossover

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Fisker, the renowned electric vehicle manufacturer, has unveiled exciting details about its upcoming affordable electric crossover, known as the “PEAR.” This revelation took place during Fisker’s recent “Product Vision Day,”  Full Article »

Automotive

New Car Preview: 2024 Hyundai Elantra
Aug 30, 2023 Ξ

New Car Preview: 2024 Hyundai Elantra

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Following Hyundai’s recent unveiling of the 2024 Elantra in South Korea, the American division has now introduced its version of this popular sedan, complete with several updates in both styling  Full Article »

Automotive

New Car Preview: 2024 Hyundai Sonata – Official Details
Aug 30, 2023 Ξ

New Car Preview: 2024 Hyundai Sonata – Official Details

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In a much-anticipated unveiling, Hyundai’s U.S. division has officially taken the wraps off the revamped 2024 Sonata, following an earlier teaser from Hyundai South Korea. This mid-cycle refresh brings forth  Full Article »

Automotive

New Car Preview: 2024 Volkswagen Golf GTI 380 – The Last Manual VW Golf
Aug 30, 2023 Ξ

New Car Preview: 2024 Volkswagen Golf GTI 380 – The Last Manual VW Golf

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Volkswagen bids farewell to the beloved manual transmission Golf, a choice once cherished by driving enthusiasts worldwide, and to celebrate the send-off for this iconic gearbox VW gives us a  Full Article »

Automotive

BMW Brings the Ultimate Bulletproof Driving Machine in New Armored X5 Protection
Aug 29, 2023 Ξ

BMW Brings the Ultimate Bulletproof Driving Machine in New Armored X5 Protection

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BMW has recently introduced a remarkable addition to its lineup, the Armored X5 Protection, designed to cater to the safety needs of individuals facing elevated security risks. While the brand  Full Article »

Automotive

Redwood Materials EV Battery Firm Raises over $1 Billion to Expand US Operations
Aug 29, 2023 Ξ

Redwood Materials EV Battery Firm Raises over $1 Billion to Expand US Operations

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Redwood Materials, the battery materials firm founded by JB Straubel, a former executive at Tesla, has made headlines with a remarkable achievement – raising over $1 billion in a recent  Full Article »

Automotive

Next-Generation Dodge Charger Could Have Twin-Turbo Inline-6, Daytona Trim Could be EV Only
Aug 29, 2023 Ξ

Next-Generation Dodge Charger Could Have Twin-Turbo Inline-6, Daytona Trim Could be EV Only

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The next-generation Dodge Charger is causing quite a stir in the automotive world, particularly among devoted muscle car enthusiasts. One of the most significant developments on the horizon is the  Full Article »

Automotive

Vinfast Becomes World’s Third-Most Valuable Automaker After Market Surge
Aug 28, 2023 Ξ

Vinfast Becomes World’s Third-Most Valuable Automaker After Market Surge

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Vinfast, the Vietnamese electric-vehicle manufacturer, has been making waves in the automotive world recently. Their shares experienced a remarkable 30% surge in premarket trading on a Monday, extending a rally  Full Article »

Automotive

Kia Reveals New EV5 Compact Electric SUV in China Previewing Official Launch in October
Aug 25, 2023 Ξ

Kia Reveals New EV5 Compact Electric SUV in China Previewing Official Launch in October

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Kia has taken the wraps off its highly anticipated EV5 compact electric SUV, offering a tantalizing glimpse of what’s to come when the vehicle officially launches in October. Unveiled at  Full Article »

Automotive

UAW Members Vote in Favor to Authorize Strike at Detroit Three Automakers
Aug 25, 2023 Ξ

UAW Members Vote in Favor to Authorize Strike at Detroit Three Automakers

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Members of the United Auto Workers (UAW) union have taken a significant step towards a potential strike at the Detroit Three automakers if an agreement on a new contract cannot  Full Article »


Automotive

GM Ultium Cells EV Battery Joint Venture Agrees to Raise Ohio Worker Wages
Aug 25, 2023 Ξ

GM Ultium Cells EV Battery Joint Venture Agrees to Raise Ohio Worker Wages

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The GM Ultium Cells electric vehicle (EV) battery joint venture has announced a significant wage increase for its workers at the Ohio plant in response to growing concerns and criticism  Full Article »

Acura

Honda and Acura will Adopt Tesla NACS Standard for Their New EVs
Aug 24, 2023 Ξ

Honda and Acura will Adopt Tesla NACS Standard for Their New EVs

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Honda and Acura have announced their intention to adopt Tesla’s North American Charging Standard (NACS) connectors for their upcoming EV models. This decision comes as General Motors (GM), another major  Full Article »

Automotive

Study Reveals States with the Highest Rate of Speeding Related Fatal Crashes
Aug 24, 2023 Ξ

Study Reveals States with the Highest Rate of Speeding Related Fatal Crashes

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In the fast-paced world of American highways, the need for speed often takes center stage. But a recent study conducted by Heninger Garrison Davis, a firm specializing in business litigation  Full Article »

Automotive

Hybrid Vehicle Interest Grows in US Playing Role in EV Transition
Aug 24, 2023 Ξ

Hybrid Vehicle Interest Grows in US Playing Role in EV Transition

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Hybrid vehicles are not fading away as quickly as anticipated in the rush towards all-electric cars in the automotive industry. Ford, along with Toyota and Stellantis, plans to produce and  Full Article »

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