We all knew this was coming. I’m in a Chevy Malibu rental this week and it must be the worst designed car in the history of man.  I’m about 4 ft tall (and that’s pretty tall for an asian) and my head still hits the roof of this car while I’m slouching. Seriously.

NEW YORK (CNNMoney.com) — General Motors filed for bankruptcy protection early Monday, a move once viewed as unthinkable that became inevitable after years of losses and market share declines capped by a dramatic plunge in sales in recent months.

The bankruptcy is likely to lead to major changes and job cuts at the battered automaker. But President Obama and GM CEO Fritz Henderson both promised that a more viable GM will emerge from bankruptcy.

via CNN