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.

Oh, and the cars probably will have steering wheels.

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