Complex sentence: Following Jowett's demise in the UK in 1954, the New Zealand company gained the Volkswagen franchise and changed its name to VW Motors and by 1958 had built a new assembly plant at Fort Richard Rd in Otahuhu.
Split into simpler sentences: Following Jowett's 1954 departure from the industry the New Zealand company won the Volkswagen franchise and changed its name to VW Motors. By 1958 VW Motors had built a new assembly plant at Fort Richard Rd in Otahuhu.