Original sentence: But, confusingly, the name also persists in the title of the rival DaimlerChrysler car company, formed when Daimler-Benz took over Chrysler in 1998.Despite this the name was still in use by Jaguar (Ford) in 2001.Following Ford's 1989/90 acquisition of Jaguar it has gained the right to use the Daimler name on a car.In 1996 Jaguar produced a "Daimler Century" model to celebrate 100 years of motoring.The UK Daimler company has also been involved in bus production.The UK patent rights to the engine were purchased in 1896 by a newly formed company in the English city of Coventry.The name was subsequently used to designate the more luxurious Jaguar models.This took the name of the Daimler Motor Company
Edited sentence: One of the confusing things about the modern car industry is that the corporate name "Daimler" is attatched to Chrysler, while Ford, which owns Jaguar, has the right to call a car "Daimler".Perhaps it's time to bury the name entirely, with Jaguar to come up with some suitably meaningless initials to denote a top model, and DaimlerChrysler to become simply "Chrysler".The UK patent rights to the engine were purchased in 1896 by a newly formed UK company which took the name of Daimler