They produced the vehicles America wanted to buy. We can not let them fail expecting that 'someone' will step in and fill the void. The time and huge amounts of money required are not going to be available.

Or we can let them fail and no longer have any automobiles produced by US auto makers. Perhaps at some point we will zero mfg jobs available here in the US.

Loan them the money, have them pay it back. It is an investment well worth making.