So...let me get this straight. The govt paid 1.3 billion dollars to turn an American car company into an Italian one. Letks cut to the core of the issue, that is the result no? That is absurd it could be off monty python.
1: What's the likelihood that holding on to the stock would result in gains? Sometimes it's better to cut your losses.
2: More significantly, there's an imperial shit-ton of pressure for the government to divest itself of any holdings in corporate stock. God forbid we have a socialized industrial policy. Unlike, say, such economic failures as China, Germany, India, Brazil, .... This (as with much right-wingnut economic policy) is taken as an article of faith, immune to factual evidence.
Note that a "success criterion" of the sale was exiting ownership of Chrysler 6 years ahead of schedule. Divestiture is seen as more critical than profit.
Was the bail-out worthwhile? That will depend on how well the company does from here on out in generating jobs, income, revenues, and tax receipts.
1: The agitators against government-held assets would never allow for metric units to be used.