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The Lexus LC500 debuts at the North American International Auto Show in Detroit, Monday, Jan. 11, 2016. (AP Photo/Paul Sancya)

(Bloomberg View) — The narrative about Silicon Valley disrupting the auto industry has a flaw: The likes of Google probably aren’t going to build their own vehicles, self-driving or otherwise. Traditional car companies will do it for them, just as outside manufacturers make mobile phones for top Silicon Valley brands.


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