Peloton Recalls 2.2 Million Exercise Bikes

Wibbitz Top Stories 2023-05-12

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Peloton Recalls , 2.2 Million Exercise Bikes.
NBC reports that Peloton is facing its
second major recall over safety concerns. .
In a May 12 release, the Consumer Product Safety
Commission (CPSC) said that the bikes' seat posts
can break while in use, posing an injury risk to users. .
In a May 12 release, the Consumer Product Safety
Commission (CPSC) said that the bikes' seat posts
can break while in use, posing an injury risk to users. .
According to the CPSC, the fitness company
has already received 35 reports of the seat post
breaking and 13 subsequent injuries. .
NBC reports that those injuries
have included a fractured wrist,
lacerations and bruises. .
Consumers should immediately stop using the recalled exercise bikes and contact Peloton for a free repair. , Consumer Product Safety Commission, via statement.
Peloton is offering consumers a free seat post that can be self-installed, Consumer Product Safety Commission, via statement.
Following the May 11 announcement,
Peloton stock was down 7%.
NBC reports that Peloton last faced
a widespread recall in May of 2021. .
NBC reports that Peloton last faced
a widespread recall in May of 2021. .
At the time, the company was forced to recall 125,000
of its Tread+ treadmills after a number of incidents
were reported, including the death of a child.
Patty Davis, a spokesperson for the Consumer Product
Safety Commission, said that U.S. emergency rooms
treated an estimated 22,500 treadmill-related injuries in 2019

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