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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
RetailDomino's Pizza

Your Domino’s pizza just got this cool new ride

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
Down Arrow Button Icon
October 22, 2015, 9:10 AM ET
Domino's Pizza DXP
Domino's is launching the Domino's DXP(TM) (Delivery Expert), a specially designed and built pizza delivery vehicle. (PRNewsFoto/Domino's Pizza)Courtesy of Domino's Pizza
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Domino’s Pizza (DPZ) has unveiled a new ride that comes equipped with the capacity to hold dozens of pizzas, and even keep them warm.

Franchisees will soon have the opportunity to deliver pizza with the Domino’s DXP, a car that can carry 80 boxes and comes equipped with an oven.

“Even though Domino’s deliveries will still primarily be made in the personal cars of delivery drivers, the Domino’s DXP represents an innovative leap into the 21st century and takes delivery to a new level of efficiency and quality,” said Domino’s U.S. president Russell Weiner in a statement.

“‘This is not a gimmick,” he added. “This is not the Oscar Mayer Weinermobile.”

The cars, however, come at a steeper price than previous versions of Domono’s-branded cars. The Daily Mail reports that the cars will cost around $20,000 to $25,000 versus the current $12,000 model.

The cars will first be brought to markets in Boston, Seattle, Detroit, and San Diego, and then other markets in the next three months.

Domino’s boasts delivering over 400 million pizzas per year.

The unveiling of the upgraded car comes after Domino’s announced disappointing third quarter earnings earlier in October. TheStreet reported that the chain earned 67 cents per share on revenue of $484.7, while analysts expected it to earn 74 cents a share on $486.3 million.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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