GM and the other auto companies are dying because they continue doing business the same they always did and keep building the same kind of cars, which people don’t want to buy.
Meanwhile, Obama is calling for the development of a high speed rail system. Someone will have to build those trains. Why not GM? I’m sure they could re-tool some of their factories to produce trains instead of cars or trucks.
The way for GM (and other car companies) to survive is to re-invent themselves, not as a car company but as a company that builds all kinds of vehicles, including trains and monorails.