New Model News

Jeep adds Altitude trim to Gladiator lineup for 2020 model year

The 2020 Jeep Gladiator Altitude is a new offering for this year.

Photo courtesy of FCA US LLC

Customer have spoken and Jeep has heard. The 2020 Jeep Gladiator will be available in an Altitude trim level in direct response to customer requests.

"Our Jeep Gladiator Altitude model is a direct response to customers who ask for a 'blacked-out' look directly from the factory. The Jeep Altitude models continue to resonate with customers and adding Gladiator completes this lineup," said Jim Morrison, Head of Jeep Brand – FCA North America. "We are thrilled that the popular Altitude model joins the Gladiator lineup and is another way for Jeep to connect with customers."

2020 Jeep Gladiator Altitude The new model features black accents.Photo courtesy of FCA US LLC

The Gladiator Altitude joins the newer Gladiator High Altitude and Gladiator Mojave in the Jeep trucks lineup. The High Altitude model is more refined than the Altitude while the Mojave delivers desert terrain-conquering prowess.

The new 2020 Gladiator Altitude is based on the Gladiator Sport S. On the outside, it features a body-color grille with Dark Gray throats and headlamp rings, body-color fender flares, and black Jeep and Trail Rated badging. The truck rides on 18-inch Granite Crystal aluminum wheels wrapped in 255/70R18 Bridgestone Dueler All-Terrain tires.

A black Freedom hardtop is standard on Gladiator Altitude while the dual top is available.

The truck has standard black cloth seats and leather-wrapped steering wheel with black stitching and Wizard Black instrument panel mid-bolster and bezels.

Jeep equips each Gladiator Altitude with a 3.6-liter V6 engine that delivers 285 horsepower and 260 pound-feet of torque. A six-speed manual transmission is standard. An eight-speed automatic transmission is available.

Gladiator Altitude models will be available in Jeep showrooms early in the third quarter.

Gladiator Altitude is available in Black, White, Firecracker Red, Billet Silver, Granite Crystal, Sting Gray, Hydro Blue, Gator and Gobi paint jobs.

The 2020 Jeep Gladiator Altitude Edition is priced at $40,340 and comes with an additional $1,495 destination charge.

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Speedway gas stations will be added to the Seven & i Holdings company portfolio.

Photo courtesy of 7-Eleven

Does this mean slurpies in more places? The owner of 7-Eleven, Seven & i Holdings, has purchased the Speedway chain of gas stations from Marathon Petroleum for $21 billion. The sale is one of the biggest deals that has gone down since the COVID-19 pandemic rocked the economic fortunes of businesses worldwide.

The all-cash deal joins the two convenience store brands with other Seven & i Holdings properties, primarily based in the grocery sector. The company is the largest convenience store chain in Japan, owning 21,000 stores in the Asian country. They also own 9,800 stores in the U.S. and Canada.

Speedway gas station The acquisition adds 4,000 Speedway stores fo the company’s portfolio.Photo courtesy of Speedway

By picking up the Speedway chain of stores, Seven & i Holdings expands their footprint to include an additional 4,000 stores, giving the company a presence in 47 of the top 50 most populated areas in the U.S., the company said in a press release announcing the deal.

7-Eleven President and CEO Joe DePinto explained that the deal will allow the company to diversify its holdings in key regions of the country, "particularly in the Midwest and East Coast."

In Japan, convenience stores are located apart from gas stations. This is also true of many communities in the Eastern U.S. However, in the Midwest and beyond, convenience stores are most often associated with a gas station.

As part of the deal, Marathon will provide 7.7 billion gallons of petroleum a year for 15 years to Seven & i Holdings. Marathon has been struggling in the wake of low gas prices, announcing last week that it will not restart production at refineries in New Mexico and California that had been idled since April.

The two companies had been negotiating the sale for months, struggling to come to an agreement over the price.

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