Delphi and Visteon are in even worse financial condition than their parent companies. They also have their parents over a barrel: if Delphi and Visteon are unable to build certain parts, GM and Ford are unable to build cars.
GM and Ford may be forced to take back the money losing plants of the suppliers, to ensure the supplier's survival, to fulfill UAW contractual obligations, and to continue the flow of parts. Because these plants are unionized, they can not easily be closed, and the parts bought elsewhere.
At that point, the OEMs will have gotten back the chaff, and let the wheat go.
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