We need these foreign companies here so that we can learn from them to modernize our manufacturing. Not just cars either.
That's how China got started - foreign companies were allowed to partner with and invest in domestic companies. Over time, those domestic companies took over and helped China become the manufacturing powerhouse it is now, not just in China, but globally.
It still has a car industry. Not the best nor the worst choices and some are even made in the us I think. Some in Canada/Mexico at least at the moment.
That's how China got started - foreign companies were allowed to partner with and invest in domestic companies. Over time, those domestic companies took over and helped China become the manufacturing powerhouse it is now, not just in China, but globally.