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 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 »
According to a recent report by the International Energy Agency (IEA), investment in clean energy is expected to surpass spending on fossil fuels in 2023, with solar projects leading the Full Article »
According to Ford CEO Jim Farley, Tesla’s Superchargers have the potential to become the standard for electric vehicle (EV) charging in the United States. This statement comes after Ford recently Full Article »
Hyundai Motor Group and LG Energy Solution have announced plans to construct a $4.3 billion electric vehicle (EV) battery plant in the United States. This joint venture aims to capitalize Full Article »
Ford Motor Co announced on Thursday that it has reached an agreement with Tesla to grant Ford electric vehicle (EV) owners access to more than 12,000 Tesla Superchargers across North Full Article »
According to a recent report from industry consultants, new vehicle sales in the United States are anticipated to experience an increase in May. This growth can be attributed to strong Full Article »
VinFast, the Vietnamese electric vehicle (EV) manufacturer, hasn’t exactly had a stellar start to their rollout of new VF 8 EV here in America. The reviews of the new VinFast Full Article »
