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.
Acura is set to make a significant move in the electric vehicle market with the debut of the 2024 Acura ZDX electric SUV. The much-anticipated world premiere is scheduled for Full Article »
BMW is accelerating its investments in electric vehicle (EV) technology, surpassing its initial plans. The company is on the verge of achieving its target of 15% battery-electric sales for the Full Article »
In California, three Tesla owners have filed a proposed class-action lawsuit against the automaker, alleging that Tesla falsely advertised the estimated driving ranges of its electric vehicles. The lawsuit was Full Article »
McLaren’s personalization division, MSO, is showcasing the next generation of bespoke paint themes with the stunning McLaren 750S Spectrum. This innovative design features a unique painting technique, displaying mesmerizing blue Full Article »
Subaru has set ambitious goals for the future of its electric vehicle (EV) offerings. By 2030, the company aims to achieve annual sales of 600,000 battery electric vehicles, which would Full Article »
Mercedes-Benz has unveiled the pricing and specifications for its all-electric AMG EQE SUV. As expected, the performance-oriented electric vehicle comes well-equipped in its standard trim and offers even more luxury Full Article »
Ford has recently announced a significant increase in the production of its F-150 Lightning electric truck, signaling a bold move towards the mainstream adoption of electric vehicles (EVs) in the Full Article »
Toyota, the world’s largest automaker, has reported an impressive performance in the first quarter, nearly doubling its operating profit. This growth was attributed to increased sales and productivity, as well Full Article »
We have long wondered how big oil companies would benefit from the emergence of electric vehicles, but now we seem to have some new perspective on those future dealings. Exxon Full Article »
The National Highway Traffic Safety Administration (NHTSA) has launched a formal investigation into approximately 280,000 Tesla Model 3 and Model Y vehicles following numerous complaints from owners regarding steering issues. Full Article »
Lexus, the imposing luxury outfit of Toyota, looks to be gearing up to introduce two new electric SUV models, as revealed by recent trademark applications filed with the European Union Full Article »
Amidst the conclusion of the global semiconductor shortage and the rise in interest rates, the demand for new cars is experiencing a decline, prompting dealers to adopt new strategies. A Full Article »
Luxury sports car manufacturer Lamborghini has been thriving with a record-breaking performance in sales during the first half of the year. In the period from January to June 2023, the Full Article »
General Motors (GM) warned that the Biden administration’s proposed changes to vehicle emissions rules could result in significant penalties for the auto industry by 2031. GM estimated potential penalties ranging Full Article »
Ford Motor Company has initiated a significant recall affecting a substantial number of vehicles. Specifically, the recall targets approximately 870,701 units of their popular 2021-2023 F-150 trucks. The reason behind Full Article »
