Yes, and it would not stay just a threat if Thailand's competitiveness were to remain stagnated. Global sourcing is not new; severe meteorological disasters in recent years both in Thailand and abroad helped underline the importance of diversifying production base. Relatively cheap labor had formerly been the comparative advantage of Thai automotive suppliers; it is no longer the case. Yet, cheap labor is not the only factor. If only a lower wage counted, there would rarely be successful bidding for Thai suppliers. Adaptive and more advanced skills of Thai workers still hold an edge over the lower labor wage.