I lived in a trailer park a long time a go and had one of those little Opel Gt’s and my neighbor said he had run out waving his hands in the air to get the plow driver’s attention to tell him there was a car under the pile of snow that he’d been ramming for the past five minutes or so!
I think your are right, the ownership will change hands (foreign) and management will be more efficient and employment will drop because the dead weight jobs will end and somebody will get an already tooled factory for a unbeatable price and cars will be sold at lower prices because they would pass the savings to the costumer (I’m dreaming of course)