CTA accepts minimum $14M settlement for defective buses - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

CTA accepts minimum $14M settlement for defective buses

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CHICAGO (Sun-Times Media Wire) -

The CTA agreed to a settlement of more than $14 million to compensate for a fleet of articulated buses that cost $87 million, before the vehicles were pulled off the street for alleged defects and sold for junk.

The transit authority bought more than 200 accordion-style buses from North American Bus Industries 10 years ago.

CTA officials announced Monday that it reached settlement with the bus company, after four years of legal wrangling.

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