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Hungary significantly decreased the manufacturing of buses but found a large assembly capacities of foreign brands (such asMercedes-Benz,Suzuki,Audi,BMW,Skoda,SEAT,Volkswagen,Fiat,Ford,Chevrolet,Citroën,Peugeot,Renault andOpel) with annual production of more than 800 000 cars.
Some original Hungarian car production at the beginning of the 20th century was lost.Hungary widely imported cars and trucks from theSoviet Union and some other countries of theEastern Bloc under theCold War. At the same time Hungary produced a small number of heavy trucks (Rába) and had strong specialisation in the Eastern Bloc in manufacturing of buses (Ikarus), that made it one of the largest bus producers and exporters (including outside of the Eastern Bloc and Europe). TheGanz Works, also a long lived Hungarian company, has been manufacturing engines and wagons that are specialised for electric railway equipment.
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