Read about it at Dump Bachmann.
This in addition to other news about pod flops and fiascos:
ULTra PRT Heathrow Debut Postponed a Fourth Time.
No $25 million earmark for PRT pork project in Winona, Minnesota.
The Swedish/Korean PRT prototype malfunctioned recently in front of the media.
The Masdar PRT (actually computer-guided golf carts that follow magnets imbedded in the roadway) has been scaled way back, This setback got a mention in the NY Times and confirmed in this Bloomberg article.
The much-hyped PRT project in Daventry ended in fiasco.
The so-called Morgantown PRT (it's a mundane people-mover) was the subject of a student newspaper editorial after a malfunction created a "fireball" and filled a vehicle with smoke. The cost of fixing the Morgantown boondoggle is $93 million.