It shouldn't come as a complete shock, but we'll be sad to see it go nonetheless. Jaguar has just confirmed that production of its XK coupe and convertible will cease this summer. Besides being seven years old, fresh competition from Jaguar's own F-Type has helped to further hurt XK sales. Although there were some old rumors claiming that a new XK was in development, Jaguar has decided not to replace it for now. Instead, the UK automaker wants to focus on other upcoming models.

These include the BMW 3 Series-fighting XE, as well as the new F-Type coupe. XK sales were already dwindling before the F-Type launched, but once that happened the XK's fate was pretty much decided. However, don't rule out another XK entirely. It may not happen for some time, but Jaguar officials insist they're keeping all options on the table. If a new XK were to happen, don't expect it to be the familiar GT car it is now. Jaguar design chief Ian Callum said that "it could grow into the luxury market, and grow in size. Whether it stays the same as a two-plus-two or becomes a two-plus –more-than-two has not been committed to yet."