Complex sentence: In December 2011, Renault announced that the Laguna, Espace, Kangoo, Modus, and Wind lines would be axed in the United Kingdom as part of a cost-cutting plan to help the company earn a profit.
Split into simpler sentences: In December 2011, Renault announced that the Laguna, Espace, Kangoo, Modus, and Wind lines would be axed in the United Kingdom. This was part of a cost-cutting plan, to help the company earn a profit.