Best I can tell it's still going out, not pendulum back in.
Part of the issue, and the thing almost no one realizes about Carpocolypse 2008 is that all these suppliers are 100% dependant on supplying to 5 vendors and that if one stops buying X module for 6 months, they fold. Blame in on JIT strategy, or regulation, or whatever, but Johnson Controls would have folded if GM and Chrysler weren't bailed out. Ok, but that means no seats for Toyota, Honda, Ford, etc. Very few people outside of Germany and Detroit realize what was really at stake there.