Keep in mind this does not reflect US companies producing cars in the EU. I see as many Teslas in my part of rural Germany as I see any other brand. But Tesla also produces these cars in Europe and so I doubt most of them are imports.

That said, automotive companies have way too much influence on European (and especially German) politics. While the consequences of these companies failing or shrinking would undoubtedly be bad, the upside is that this might reduce their influence too. Not saying one would outweigh the other.

That's because most US-made cars barely fit in many streets and parking spaces around here.

And now look at the tech sector, things might balance out, EU buys software and services USA buys cars and wine.