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.
According to General Motors (GM) CEO Mary Barra, she believes that profitable electric cars in the $30,000 to $40,000 range won’t be feasible until the end of the decade or Full Article »
General Motors (GM) has announced a significant investment of over $1 billion in its Flint Assembly Plant, located in Flint, Michigan. The funds will be allocated towards the production of Full Article »
Recently, Volkswagen unveiled the long wheelbase variant of its highly anticipated electric minivan, the ID. Buzz, specifically designed for the United States market. The reveal made a huge splash and Full Article »
Dodge made a significant change to the Challenger SRT Hellcat for recent model years (after mid cycle 2021) by removing the standard six-speed manual transmission. However, the Tremec TR-6060 gearbox Full Article »
Tesla Inc. has recently implemented significant discounts on its Model 3 electric cars in its U.S. inventory in an effort to attract buyers amidst economic uncertainty, heightened competition, and the Full Article »
According to a government report released on Thursday, the U.S. auto safety regulator, the National Highway Traffic Safety Administration (NHTSA), has consistently failed to meet internal timelines for completing auto Full Article »
The electric-vehicle manufacturer Lucid Group Inc announced on May 31 that it is securing approximately $3 billion in funding from Saudi Arabia’s Public Investment Fund (PIF) and other sources. This Full Article »
Ford Motor has announced a recall of 142,000 Lincoln MKC SUVs in the United States due to concerns over under hood fires. The automaker is advising owners to park their Full Article »
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) has recently introduced a Notice of Proposed Rulemaking aimed at enhancing road safety by mandating the inclusion of automatic Full Article »
Toyota has revealed plans to invest an additional $2.1 billion in the construction of an electric and hybrid vehicle battery factory near Greensboro, North Carolina. This facility will play a Full Article »
According to Ford Chief Executive Jim Farley, electric vehicles (EVs) are not expected to reach cost parity with internal combustion engine (ICE) vehicles until after 2030. Farley made this statement Full Article »
Jaguar Land Rover (JLR) is issuing a recall for approximately 6,400 I-PACE electric SUVs in the United States due to concerns over potential fire hazards. The recall is prompted by Full Article »
We recently had a chance to experience the 2023 Cadillac CT5-V Blackwing, and essentially walked away wanting to order one to put in the Automotive Addicts garage. For the 2024 Full Article »
General Motors (GM) is set to receive $220 million in government support from both the Canadian federal government and the Quebec province for the establishment of an electric vehicle (EV) Full Article »
According to Reuters, Stellantis CEO Carlos Tavares stated that the company would require one or possibly two additional large factories dedicated to electric vehicle (EV) batteries in the United States Full Article »
