Jaguar has reportedly decided against offering a replacement for the XK

Speaking to Car & Driver, Jaguar Land Rover North America CEO Joe Eberhardt said the model simply doesn't make sense anymore as the company already has the F-Type coupe and convertible.  As Eberhardt explained, the XK successor would have been priced in excess of $125,000 which would have limited its appeal.  The model would also have been pitted against more prestigious and exotic competitors, so it appears the company decided the car simply wasn't worth building.

Jaguar phased the XK out in late 2014 with a Final Fifty Edition that was based on the XKR.  The limited edition model had an Ultimate Black exterior with an aerodynamic body kit, a XKR-S GT hood, and 20-inch forged alloy wheels.  Power was provided by a supercharged 5.0-liter V8 engine that produced 510 horsepower and 461 pound-feet of torque. It enabled the car to accelerate from 0-60 miles per hour in 4.6 seconds before hitting a top speed of 174 mph.

For comparison, the recently introduced F-Type SVR starts at $125,950 and has a supercharged 5.0-liter V8 engine that develops 575 hp and 516 lb-ft of torque.  It is connected to an eight-speed automatic transmission which enables the car to accelerate from 0-60 mph in just 3.5 seconds.

Source: Car & Driver via Motor Authority