I just took a quick look at WP [1], and it looks like they have over $350b in assets. Don't think it will bankrupt them, either way.
Not to mention that they are probably "too big to fail" [2].
Not to mention that they are probably "too big to fail" [2].
That said, the US has bailed out the auto industry before to preserve American presence in the market. Germany may opt to do the same, but they are home to other successful automakers.