Complex sentence: Just like HSV, independent manufacturer Corsa Specialised Vehicles also produced its own version of the Monaro, badged the Mondo ("world" in Italian) and based on V2 series.
Split into simpler sentences: Just like HSV, independent manufacturer Corsa Specialised Vehicles also produced its own version of the Monaro. This car was badged the Mondo ("world" in Italian) and was based on V2 series.