I will never again purchase a car manufactured by GM or Chrysler. They've already stuck their hands in my pockets without my permission (and given me nothing for it), and now they want to do it again.
No business has a natural right to exist. Businesses exist because they are solvent, because they supply what is in demand at a reasonable price and with reasonable quality. If GM and/or Chrysler cannot do so, then they should go out of business.
Thus far, Ford has not asked for any of my money (i.e. federal "bailout" money). This makes me a Ford man.
In the mid 1800s, the demand for beaver pelts decreased, leaving mountain men (e.g. trappers) without a source of income.
There was no bailout.
What did they do? They changed businesses. They took their skills, their knowledge of the terrain and indigenous peoples, to change industries. They became guides to the wagon trains that followed the various trails across the prairies and over the Rocky Mountains.
When an industry dies, it is not necessarily a bad thing. People will have to make important decisions and change their lifestyles/ways of making a living. However, history shows that people will do this when they have to do so.
Let them do so.