Cars would get extremely expensive. Imagine Ford still having to supply model T wheels and engines.
They either would have to have kept a production line and employees knowing to operate it around, or have stocked ‘enough’ parts, where ‘enough’ is very hard to estimate up front. Also, stocked parts deteriorate, so for, for example, tyres, they would have to keep a production line running.
And that’s the easy case. At least Ford can ballpark know how many model T’s still exist. what if a car of a model that we thought didn’t exist anymore gets discovered in a barn?
And of course, that wouldn’t work in cases where manufacturers get bankrupt.