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Jaguar XK leaves the lineup

Production of the Jaguar XK stretched from 1996 with the XK8 and will wrap up as the final 50 limited edition XK models roll off the assembly line this summer. The farewell XKs will be branded as "Final Fifty Limited Edition" cars, and will carry the same specification as the current XKR model, along with some added features that celebrate the history of Jaguar and the evolution of the brand's grand touring coupes and convertibles. Under the hood, a supercharged 510-hp 5.0-liter V8 is capable of bringing the XK to 60 mph in 4.6 seconds according to Jag, and an active exhaust system helps ensure the engine note remains prominent.

New Routemaster bus hits London streets

The very first new Routemaster hybrid bus began its first day of service in London today. The bus, whose exterior and interior were designed by Londoner Thomas Heatherwick, retains the distinct character of the old Routemaster – British as the London taxi and red telephone boxes – but is far more modern in its design and construction. The new Routemaster's main design features are its three sets of doors and two staircases, which it is hoped will ease the strain during rush hour in regards to alighting and entering the bus.

Mercedes U.S. boss ‘excused' from his duties

Mercedes-Benz U.S. chief has been “excused” from his duties effective immediately, according to a Daimler spokesman. Ernst Lieb, 56, had held the position since 2006.