“Good luck running the plant!”
I know! Where are you going to get parts or supplies? And wat happens when the CAD drawings all disappear? A plant like that is less than worthless to unskilled bureaucrats. I’d be buying stock in Venezuelan lamp post manufacturers.
No reason this shouldn't work out just about as well as when Mugabe seized the white owned farms in Zimbabwe and turned them over to blacks.
What are they going to do with a building where cars were made from parts that come from other places. Everything is built from other things from other companies and raw materials from other places. Yay, we stole a GM plant. But what possible economic gain can be made from a building where cars used to be made?