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

General Motors Partners with Tesla to Access Supercharger Network and Adopt NACS Connector
Jun 8, 2023 Ξ

General Motors Partners with Tesla to Access Supercharger Network and Adopt NACS Connector

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GM recently made a significant announcement, following in the footsteps of Ford. The company revealed that owners of its electric vehicles (EVs) will soon have access to the widely recognized  Full Article »

Automotive

GM to Invest $500M in Texas Plant Building Full-Size Gas-Powered SUVs
Jun 8, 2023 Ξ

GM to Invest $500M in Texas Plant Building Full-Size Gas-Powered SUVs

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General Motors (GM) has recently revealed its plan to invest $500 million in its Arlington Assembly plant located in Texas. The purpose of this investment is to upgrade the facility  Full Article »

Automotive

Toyota to Build $50 Million Michigan R&D Lab for Testing Batteries for EVs and Hybrids
Jun 8, 2023 Ξ

Toyota to Build $50 Million Michigan R&D Lab for Testing Batteries for EVs and Hybrids

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Toyota plans to construct a cutting-edge vehicle battery testing laboratory at its North American research center in Michigan, investing approximately $50 million in the project. The facility, located in York  Full Article »

Automotive

Lucid Plans to Sell American-made EVs in China
Jun 8, 2023 Ξ

Lucid Plans to Sell American-made EVs in China

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Lucid Motors, a luxury electric vehicle (EV) manufacturer based in the United States, has revealed plans to enter the Chinese automotive market. The head of Lucid’s China operations, Zhu Jiang,  Full Article »

Automotive

Tesla Stock Reaches 7-Month High After Model 3 Qualifies for Full Tax Credit
Jun 7, 2023 Ξ

Tesla Stock Reaches 7-Month High After Model 3 Qualifies for Full Tax Credit

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Tesla’s stock reached a seven-month high following positive news and increased investor interest in large-cap tech stocks. The electric vehicle manufacturer experienced a surge in its stock price, climbing up  Full Article »

Automotive

Mazda Introduces Carbon Turbo Special Edition Packages for Mazda3, CX30, and CX-5
Jun 7, 2023 Ξ

Mazda Introduces Carbon Turbo Special Edition Packages for Mazda3, CX30, and CX-5

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Mazda is introducing an exciting upgrade to its 2023 Mazda3, CX-30, and CX-5 lineups with the introduction of the Carbon Turbo package. This new package follows the concept of the  Full Article »

Automotive

Hyundai & Kia Sued by New York City Over Vehicle Thefts
Jun 7, 2023 Ξ

Hyundai & Kia Sued by New York City Over Vehicle Thefts

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New York City has taken legal action against Hyundai Motor Co and Kia Corp, alleging negligence and the creation of a public nuisance due to the sale of easily stealable  Full Article »

Automotive

Standardization Questions Arise Throughout U.S. EV Charging Industry After Ford’s Announcement to use Tesla Superchargers
Jun 6, 2023 Ξ

Standardization Questions Arise Throughout U.S. EV Charging Industry After Ford’s Announcement to use Tesla Superchargers

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Ford Motor Co’s recent decision to allow its customers to use Tesla’s electric-vehicle charging network has sparked discussions and raised important questions within the U.S. EV charging industry. The deal,  Full Article »

Automotive

Ford Recalling 125,000 Vehicles for Engine Failures That Could Cause Fires
Jun 6, 2023 Ξ

Ford Recalling 125,000 Vehicles for Engine Failures That Could Cause Fires

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Ford Motor Co is issuing a recall for approximately 125,000 vehicles due to engine failures that could potentially lead to fires, according to a statement released on June 6. The  Full Article »

Automotive

2024 Chevrolet Camaro Collector’s Edition Marks End of the Road for Chevy Pony Car
Jun 5, 2023 Ξ

2024 Chevrolet Camaro Collector’s Edition Marks End of the Road for Chevy Pony Car

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In 2024, the Chevrolet Camaro will bid farewell to its production line with a special edition known as the Collector’s Edition. This final iteration of the Camaro doesn’t feature the  Full Article »

Automotive

GM CEO: Tesla has EV Lead, Doesn’t See Profitable $30k-$40k Electric Cars Until End of Decade
Jun 5, 2023 Ξ

GM CEO: Tesla has EV Lead, Doesn’t See Profitable $30k-$40k Electric Cars Until End of Decade

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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 »

Automotive

GM to Invest Over $1 Billion at Flint Assembly Plant for Next-Gen Gas/Diesel-Powered HD Pickup Trucks
Jun 5, 2023 Ξ

GM to Invest Over $1 Billion at Flint Assembly Plant for Next-Gen Gas/Diesel-Powered HD Pickup Trucks

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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 »

Automotive

VW CEO: No Price Gouging for New ID Buzz
Jun 5, 2023 Ξ

VW CEO: No Price Gouging for New ID Buzz

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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 »

Automotive

2023 Dodge Challenger SRT Hellcat with Manual Transmission is Available One Last Time
Jun 5, 2023 Ξ

2023 Dodge Challenger SRT Hellcat with Manual Transmission is Available One Last Time

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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 »

Automotive

Discounts Doubled on Tesla Model 3 US Inventory
Jun 2, 2023 Ξ

Discounts Doubled on Tesla Model 3 US Inventory

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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 »

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