Dr Mumbo

Hywood’s new hybrid?

Has Fairfax’s CEO Greg Hywood created his own luxury version of a hybrid car?

Dr Mumbo was left wondering after reading a piece in The Australian’s media diary section this morning that he “has splashed out on a $140,000 Ferrari Maserati”

Could the newspaper boss really have splurged on his own hybrid creation combining the best elements of the two separate luxury car brands Maserati and Ferrari? Both Italian supercar giants are owned by Fiat, so did he also throw elements of the Panda in there to boot?

Sadly it was not to be. While a Fairfax spokesman declined to comment a quick Google search reveals that Hywood recently bought a Maserati Ghibli. Still, that’s probably going to be enough to a few noses out of joint amid increasing tense salary negotiations with staff, especially given the recent executive bonuses.

Indeed it transpires Crikey reported this fact last week, scoring this rather excellent quote from a Fairfax spokesman explaining: “Mr Hywood has purchased a Maserati Ghibli sedan car. It cost around $140,000. And it’s blue. At least it’s not red.”

On the plus side at least Hywood hasn’t taken the car to the chop shop.


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