Complex sentence: The Matra Rancho was a leisure activity vehicle created by the French engineering group Matra in cooperation with the automaker Simca to capitalize on the off-road trend, started by the Range Rover, by providing the "off-road look" at a lower price.
Split into simpler sentences: The Matra Rancho was a leisure activity vehicle created by the French engineering group Matra, in cooperation with the automaker Simca, to capitalize on the off-road trend started by the Range Rover. The Rancho provided an "off-road look" at a lower price.