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.
The U.S. Energy Department has recently announced its plan to provide a substantial loan to a collaborative effort between Ford Motor and SK Innovation, a South Korean battery manufacturer. This Full Article »
Toyota is far from being boring as it continues a path to keep their lineup of GR vehicles (sports cars) fresh giving the Toyota GR86 a Tureno Edition to pay Full Article »
Robert Downey Jr., renowned for his success as an actor, possesses a remarkable collection of classic cars, which he humorously refers to as the artifacts of his achievements. However, he Full Article »
According to a recent Credit Industry Insight Report (CIIR) by TransUnion, the delinquency rate for auto loans in the United States has surpassed levels last seen during the Great Recession. Full Article »
Tesla has emerged victorious once again in the realm of electric vehicle (EV) charging technology, securing a significant win in Texas. The state has announced that it will require state-backed Full Article »
The hits keep on coming when it comes to automotive manufacturers jumping on the Tesla train to adopt their North American Charging Standard (NACS), which will eventually give new EVs Full Article »
Hyundai Motor is contemplating the possibility of aligning its vehicles with the charging standard promoted by Tesla in North America, according to the CEO of the South Korean automaker. Tesla’s Full Article »
According to Bloomberg, a bipartisan group of U.S. lawmakers is planning to visit Detroit to address the issue of automakers’ reliance on China in their supply chains, specifically in relation Full Article »
During an interview on CNN’s ‘Fareed Zakaria GPS’ program, Ford Motor’s Executive Chairman, Bill Ford, expressed his belief that the United States is not yet prepared to compete with China Full Article »
On Thursday, SK Signet announced its plans to introduce electric-vehicle chargers that are compatible with Tesla’s technology. This move comes in response to recent developments by major automakers such as Full Article »
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 »
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 »
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 »
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 »
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 »
