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.
Lucid has recently made a significant move in response to the competitive landscape of the U.S. EV industry. The company announced a price reduction on its Air luxury sedans, slashing Full Article »
In a bid to challenge the electric truck segment, Fisker recently unveiled its latest creation – the Fisker Alaska EV Pickup. This announcement comes shortly after the company initiated deliveries Full Article »
Going against what we reported on last week for a less-expensive Blazer EV trim that’s forthcoming, Chevrolet’s plans for the new electric crossover have taken a turn, disappointing potential buyers Full Article »
General Motors (GM) has stated that it anticipates offering higher wages to its unionized workers. However, the company is critical of the United Auto Workers’ (UAW) contract demands, as they Full Article »
Acura is set to make a significant move in the electric vehicle market with the debut of the 2024 Acura ZDX electric SUV. The much-anticipated world premiere is scheduled for Full Article »
BMW is accelerating its investments in electric vehicle (EV) technology, surpassing its initial plans. The company is on the verge of achieving its target of 15% battery-electric sales for the Full Article »
In California, three Tesla owners have filed a proposed class-action lawsuit against the automaker, alleging that Tesla falsely advertised the estimated driving ranges of its electric vehicles. The lawsuit was Full Article »
McLaren’s personalization division, MSO, is showcasing the next generation of bespoke paint themes with the stunning McLaren 750S Spectrum. This innovative design features a unique painting technique, displaying mesmerizing blue Full Article »
Subaru has set ambitious goals for the future of its electric vehicle (EV) offerings. By 2030, the company aims to achieve annual sales of 600,000 battery electric vehicles, which would Full Article »
Mercedes-Benz has unveiled the pricing and specifications for its all-electric AMG EQE SUV. As expected, the performance-oriented electric vehicle comes well-equipped in its standard trim and offers even more luxury Full Article »
Ford has recently announced a significant increase in the production of its F-150 Lightning electric truck, signaling a bold move towards the mainstream adoption of electric vehicles (EVs) in the Full Article »
Toyota, the world’s largest automaker, has reported an impressive performance in the first quarter, nearly doubling its operating profit. This growth was attributed to increased sales and productivity, as well Full Article »
We have long wondered how big oil companies would benefit from the emergence of electric vehicles, but now we seem to have some new perspective on those future dealings. Exxon Full Article »
The National Highway Traffic Safety Administration (NHTSA) has launched a formal investigation into approximately 280,000 Tesla Model 3 and Model Y vehicles following numerous complaints from owners regarding steering issues. Full Article »
Lexus, the imposing luxury outfit of Toyota, looks to be gearing up to introduce two new electric SUV models, as revealed by recent trademark applications filed with the European Union Full Article »
