When the US Treasury bailed out Chrysler a quarter-century or so ago, it was very controversial. Attitudes mellowed quite a bit when the company surprisingly recovered; I think that the invention/introduction of the minivan in 1984 marked Chrysler's turnaround, which would date the government bailout back in the late 70s or very early 80s.

Of course, Chrylser has since merged with (i.e.,. been taken over by) a German company, Daimler Benz. But whether the company is "American" anymore or not, most of the autoworkers still have their jobs.

So-called "American" corporations are really mulitinational anyway. I don't think the geographical location of top management matters much anymore. Employees of Jaguar are better off having jobs with Ford Motor Company than being unemployed former workers for a defunct British firm.