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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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 »

Automotive

Blink Among First Charging Equipment Makers to Launch Fast Charger for EV’s with Tesla Charging Port
Jun 12, 2023 Ξ

Blink Among First Charging Equipment Makers to Launch Fast Charger for EV’s with Tesla Charging Port

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The electric vehicle (EV) charging debacle is switching into another gear this week after the announcements of Ford and GM to adopt Tesla’s North American Charging Standard (NACS) connectors for  Full Article »

Automotive

Major Traffic Delays Start After Part of I-95 Collapsed in Philadelphia Following Tanker Truck Fire
Jun 12, 2023 Ξ

Major Traffic Delays Start After Part of I-95 Collapsed in Philadelphia Following Tanker Truck Fire

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In Philadelphia, commuters faced significant traffic delays on Monday following the collapse of an elevated section of Interstate 95. The collapse was caused by a tanker truck carrying flammable cargo  Full Article »

Automotive

2024 Cadillac Lyriq RWD Gets 314 Mile Range, AWD Gets 307 Miles
Jun 12, 2023 Ξ

2024 Cadillac Lyriq RWD Gets 314 Mile Range, AWD Gets 307 Miles

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Cadillac has recently provided updated range figures for its 2024 Lyriq RWD and 2024 Lyriq AWD models. The term “updated” is used because the luxury automaker had previously tested both  Full Article »

Automotive

White House: Billions in Federal Subsidies Available for Stations using Tesla NACS Plugs – As Long as They Include CCS
Jun 9, 2023 Ξ

White House: Billions in Federal Subsidies Available for Stations using Tesla NACS Plugs – As Long as They Include CCS

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The White House has announced that electric-vehicle charging stations utilizing Tesla standard plugs will be eligible for substantial federal subsidies. However, there is a condition: these charging stations must also  Full Article »

Automotive

Mercedes-Benz Beats Out Tesla for California’s Approval of Automated Driving Tech
Jun 9, 2023 Ξ

Mercedes-Benz Beats Out Tesla for California’s Approval of Automated Driving Tech

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Mercedes-Benz has secured a significant milestone in the field of automated driving technology, surpassing Tesla to gain approval from the California Department of Motor Vehicles (DMV). The approval allows Mercedes-Benz  Full Article »

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