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I would let the companies die. If a business operates so deep in the red it SHOULD go under. People will still want cars so they'll get them from someplace else.
If people are upset about losing their jobs then they can go knock on the doors of the private jets of the rich executives and ask them where all the money went.
Who says this will be a bad thing? Without these big car companies lobbying against different technology and alternate forms of transportation we may actually see some progress in these areas. Perhaps these companies can make use of some of the patents they've got stored up like cars that run on water and some such stuff like that there. All of the things that would exist today if the oil and car companies hadn't suppressed them.
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We Must Dissent.
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