Complex sentence: In the early 1950s it was decided to use the Triumph name for sporting cars and the Standard name for saloons and in 1953 the Triumph TR2 was initiated, the first of a series that would be produced until 1981.
Split into simpler sentences: In the early 1950s it was decided to use the Triumph name for sporting cars and the Standard name for saloons. In 1953 the Triumph TR2 was initiated, the first of a series that was produced until 1981.