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

First Production Tesla Cybertruck Finally Built
Jul 17, 2023 Ξ

First Production Tesla Cybertruck Finally Built

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After facing a series of delays over the past two years, Tesla has announced the completion of its first Cybertruck at the company’s manufacturing facility in Austin, Texas. The long-awaited  Full Article »

Automotive

Ford F-150 Lightning gets Substantial Price Reduction for Full Range
Jul 17, 2023 Ξ

Ford F-150 Lightning gets Substantial Price Reduction for Full Range

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Ford Motor has announced a significant price reduction for its popular electric F-150 Lightning trucks, responding to an electric vehicle (EV) price war initiated by Tesla, the market leader. The  Full Article »

Automotive

Mustang Mach-E Rally Revealed as First Off-Roading EV from Ford
Jul 14, 2023 Ξ

Mustang Mach-E Rally Revealed as First Off-Roading EV from Ford

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Ford has introduced the Mustang Mach-E Rally, a new variant designed for thrill-seekers interested in off-roading. While it’s not the anticipated Mach-E Raptor, Ford has decided not to dilute the  Full Article »

Automotive

Biden Administration Makes $20 Billion from ‘Green Bank’ Available for Clean Energy Projects, EV Charging Stations Included
Jul 14, 2023 Ξ

Biden Administration Makes $20 Billion from ‘Green Bank’ Available for Clean Energy Projects, EV Charging Stations Included

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The Biden administration has announced the availability of $20 billion from a federal “green bank” for various clean energy projects, including residential heat pumps, electric vehicle (EV) charging stations, and  Full Article »

Automotive

VinFast has Setback with Investors in SPAC Cashing out Most Shares
Jul 14, 2023 Ξ

VinFast has Setback with Investors in SPAC Cashing out Most Shares

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VinFast, the Vietnamese electric automaker, has encountered a setback with its investors as shareholders of Black Spade Acquisition (BSAQ.A), a special purpose acquisition company (SPAC) planning to merge with VinFast  Full Article »

Automotive

95 U.S. Lawmakers Urge Administration to Finalize Tougher Vehicle Emission Cuts, Automakers Oppose
Jul 13, 2023 Ξ

95 U.S. Lawmakers Urge Administration to Finalize Tougher Vehicle Emission Cuts, Automakers Oppose

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A letter seen by Reuters revealed that a group of 95 U.S. lawmakers is urging the Biden administration to finalize stricter emissions limits than those proposed in April. This move  Full Article »

Automotive

Livestream All the Action at the 2023 Goodwood Festival of Speed
Jul 13, 2023 Ξ

Livestream All the Action at the 2023 Goodwood Festival of Speed

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The Goodwood Festival of Speed is back starting today and lasting through Sunday. The event features a thrilling hill climb and can be watched through a livestream video. Several car  Full Article »

Automotive

Rumor Mill: Toyota Supra Could Get 550 Horsepower as Last Hurrah for ICE
Jul 13, 2023 Ξ

Rumor Mill: Toyota Supra Could Get 550 Horsepower as Last Hurrah for ICE

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Rumor has it that the fifth-generation Toyota Supra is revving up for its grand finale for the Internal Combustion Engine (ICE), and it could be going out in style! Supposedly,  Full Article »

Automotive

Ford Mustang Mach-E Inventory Piling Up on Dealer Lots Reveals EVs Outpacing Demand
Jul 12, 2023 Ξ

Ford Mustang Mach-E Inventory Piling Up on Dealer Lots Reveals EVs Outpacing Demand

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Ford’s electric vehicle (EV) ambitions are surpassing the current demand, as indicated by the company’s sales numbers, EV supply, and dealer sentiment. Ford seems to be facing a challenge of  Full Article »

Automotive

U.S. Regulators to Decide on General Motors Use of Self-Driving Cars
Jul 12, 2023 Ξ

U.S. Regulators to Decide on General Motors Use of Self-Driving Cars

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U.S. regulators are soon to decide on General Motors’ self-driving cars. GM’s Cruise unit has filed a petition seeking approval to deploy up to 2,500 self-driving vehicles annually without human  Full Article »

Automotive

Kia to Invest $200 Million in Georgia Plant to Build Electric EV9 SUV
Jul 12, 2023 Ξ

Kia to Invest $200 Million in Georgia Plant to Build Electric EV9 SUV

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Kia has recently announced its plans to invest $200 million in its Georgia factory, signaling its entry into electric vehicle production. The South Korean automotive company intends to allocate these  Full Article »

Automotive

Tesla: Model 3 Consumer Tax Credits Could be Reduced After 2023
Jul 12, 2023 Ξ

Tesla: Model 3 Consumer Tax Credits Could be Reduced After 2023

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Tesla has recently announced that the federal tax credits available for purchasing their popular Model 3 electric vehicles are expected to be diminished following December 31st. This update was shared  Full Article »

Automotive

Top 10 Best-Selling Electric Vehicles in the First Half of 2023
Jul 12, 2023 Ξ

Top 10 Best-Selling Electric Vehicles in the First Half of 2023

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Carvana, a pioneer in the online used car marketplace, has recently released its list of the top ten best-selling electric vehicles (EVs) for the first half of 2023. The rankings  Full Article »

Automotive

Texas Defers EV Charging Federal Funds Decision Over Plans to Include Tesla Plugs
Jul 12, 2023 Ξ

Texas Defers EV Charging Federal Funds Decision Over Plans to Include Tesla Plugs

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Texas has decided to postpone a vote on the allocation of federal funds for the construction of electric vehicle (EV) charging stations until August 16. This delay comes as some  Full Article »

Automotive

Rumors Circulate That Toyota GR86 Could Get Turbo 3-Cylinder Found in GR Corolla w/300+ Horsepower
Jul 11, 2023 Ξ

Rumors Circulate That Toyota GR86 Could Get Turbo 3-Cylinder Found in GR Corolla w/300+ Horsepower

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According to recent reports from Japan dissected by AutoBlog, the future of the Toyota GR86 and the Subaru BRZ, two popular lightweight sport coupes, may be taking an interesting turn.  Full Article »

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