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

Elon Musk: Vehicle Autonomy is ‘Main Driver’ of Tesla Value
Jun 16, 2023 Ξ

Elon Musk: Vehicle Autonomy is ‘Main Driver’ of Tesla Value

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During a visit to Paris, CEO Elon Musk emphasized the significance of vehicle autonomy for Tesla’s market value. He expressed optimism about the company’s progress toward achieving fully autonomous vehicles,  Full Article »

Automotive

Stellantis Stops Stocking Gas-Powered Vehicles in CARB States
Jun 16, 2023 Ξ

Stellantis Stops Stocking Gas-Powered Vehicles in CARB States

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Stellantis has made the decision to stop stocking gasoline vehicles in most CARB-compliant states, according to reports. These states are the ones that follow the emissions guidelines set by the  Full Article »

Automotive

Direct-To-Consumer Car Sales For Most Brands Blocked by DeSantis Signing of House Bill 637
Jun 16, 2023 Ξ

Direct-To-Consumer Car Sales For Most Brands Blocked by DeSantis Signing of House Bill 637

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The recently passed House Bill 637 in Florida, signed into law by Governor Ron DeSantis, has generated attention due to its impact on direct-to-consumer car sales. The law aims to  Full Article »

Automotive

Direct Lithium Extraction Revolutionized in a Global Race to Power Electric Vehicles
Jun 16, 2023 Ξ

Direct Lithium Extraction Revolutionized in a Global Race to Power Electric Vehicles

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The race to revolutionize lithium extraction for electric vehicle (EV) batteries is heating up, attracting a diverse range of participants such as oil producers, tech startups, and established mining giants.  Full Article »

Automotive

Ford & GM See New Vehicle Demand Outpacing Expectations
Jun 15, 2023 Ξ

Ford & GM See New Vehicle Demand Outpacing Expectations

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Ford and GM are experiencing a surge in demand for new vehicles from retail and commercial customers in the United States, surpassing initial expectations. This positive trend was highlighted by  Full Article »

Automotive

Historic Jacksonville, FL Ford Plant Headed for Demolition
Jun 15, 2023 Ξ

Historic Jacksonville, FL Ford Plant Headed for Demolition

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The historic Ford Motor Co. plant in Jacksonville, FL is set to be demolished, as the city has issued a permit for its demolition. The property, located in the Talleyrand  Full Article »

Automotive

J.D. Power Survey: EV Purchase Interest Increasing Slightly
Jun 15, 2023 Ξ

J.D. Power Survey: EV Purchase Interest Increasing Slightly

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J.D. Power has recently published the findings of its third U.S. Electric Vehicle Consideration (EVC) Study, which involved surveying potential car buyers to gather their opinions on purchasing battery-electric vehicles  Full Article »

Automotive

Tesla Sees New Positive Momentum with a 52% Rise in Registrations
Jun 15, 2023 Ξ

Tesla Sees New Positive Momentum with a 52% Rise in Registrations

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According to data from Experian, Tesla Inc. experienced a significant rebound in sales in the United States during the first four months of 2023. This growth was attributed to substantial  Full Article »

Automotive

Want a Manual Transmission in Your New EV? Toyota May have you Covered by 2026
Jun 14, 2023 Ξ

Want a Manual Transmission in Your New EV? Toyota May have you Covered by 2026

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Toyota is aiming to introduce a simulated manual transmission for their electric vehicles (EVs) by 2026, offering customers a unique driving experience. The concept was initially showcased in a Lexus  Full Article »

Automotive

Toyota Shareholders Reject Proposal Demanding Improved Efforts on Climate Change
Jun 14, 2023 Ξ

Toyota Shareholders Reject Proposal Demanding Improved Efforts on Climate Change

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Toyota shareholders convened for their annual general meeting in Toyota city, Japan, where they debated and ultimately rejected a proposal demanding improved efforts from the automaker to combat climate change.  Full Article »

Automotive

331,401 Jeep Grand Cherokees Recalled – Rear Springs Could Fall Off
Jun 14, 2023 Ξ

331,401 Jeep Grand Cherokees Recalled – Rear Springs Could Fall Off

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The National Highway Traffic Safety Administration (NHTSA) has issued a significant recall for the Jeep Grand Cherokee, involving a large number of vehicles. A total of 331,401 SUVs, dating back  Full Article »

Automotive

GM, SDI to Build 4th EV Battery Manufacturing Plant in Indiana Investing over $3 Billion
Jun 13, 2023 Ξ

GM, SDI to Build 4th EV Battery Manufacturing Plant in Indiana Investing over $3 Billion

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General Motors (GM) and Samsung SDI have announced their plans to build a new electric vehicle (EV) battery cell plant in Indiana, investing over $3 billion in the project. The  Full Article »

Automotive

Toyota Teases Return of Land Cruiser to the US
Jun 13, 2023 Ξ

Toyota Teases Return of Land Cruiser to the US

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Toyota’s recent social media activity has sparked excitement among enthusiasts as it suggests the return of the Land Cruiser nameplate to the United States. In a Facebook post, the company  Full Article »

Automotive

Toyota Reveals New EV Plans, Battery Tech Including 600-plus Mile Battery Range
Jun 13, 2023 Ξ

Toyota Reveals New EV Plans, Battery Tech Including 600-plus Mile Battery Range

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Toyota has announced its plans to introduce high-performance solid-state batteries and other innovative technologies to enhance the driving range and reduce costs of future electric vehicles (EVs). This strategic shift  Full Article »

Automotive

General Motors Plans to Invest $632 Million in Fort Wayne, IN Plant to Build Future Gas-Powered Full-Size Light Duty Trucks
Jun 12, 2023 Ξ

General Motors Plans to Invest $632 Million in Fort Wayne, IN Plant to Build Future Gas-Powered Full-Size Light Duty Trucks

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Following the General Motors (GM) announcement to invest over $1 Billion in its Flint Assembly Plant to build future gas-powered heavy-duty trucks, GM plans to invest $632 million in its  Full Article »

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