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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/05\/11\/peloton-recalls-millions-of-exercise-bikes-after-reports-of-injuries\/<\/a><\/br> Peloton is recalling roughly 2.2 million exercise bikes over safety concerns, several<\/a> outlets<\/a> reported this morning.<\/p>\n The reason is a faulty assembly, according<\/a> to a release by the U.S. Consumer Product Safety Commission (CPSC). The bike \u2014 Bike Model PL01 \u2014 can \u201cbreak during use, posing fall and injury hazards to the user,\u201d the agency says, citing the over-two-dozen reports Peloton has received about the seat post breaking and detaching during use.<\/p>\n The bike model impacted by the recall was manufactured in Taiwan and sold in the U.S. between January 2018 and May 2023 at Peloton, Dick\u2019s Sporting Goods and Amazon. It can be identified by a label on the inside front fork, near its flywheel or non-swivel display, or by the red \u201cP\u201d logo and Peloton brand name in white on the frame.<\/p>\n The CPSC says that there\u2019s been 13 reports of injuries on the bike so far, including a fractured wrist, lacerations and bruises.<\/p>\n \u201cConsumers should immediately stop using the recalled exercise bikes and contact Peloton for a free repair,\u201d the CPSC release said. \u201cPeloton is offering consumers a free seat post that can be self-installed.\u201d<\/p>\n The recall comes just over a year after Peloton began outsourcing the production of its bikes and treadmills following its decision to pull the plug<\/a> on a $400 million manufacturing facility. It\u2019s the company\u2019s second recall in the past several years, after a child\u2019s death and other problems forced it to recall<\/a> 125,000 of its Tread and Tread+ treadmills. (Initially, Peloton called the CPSC\u2019s findings \u201cinaccurate and misleading,\u201d but changed its tune in light of the high-profile accidents.)<\/p>\n The recalls have been quite damaging for Peloton, which has struggled to maintain sales momentum after pandemic-era business tapered off. The company estimated that the Tread and Tread+ recalls cost it approximately $165 million, including $105 million for ending deliveries on the impacted products and $50 million for full refunds.<\/p>\n<\/p><\/div>\n <\/br><\/br><\/br><\/p>\n
\nPeloton recalls millions of exercise bikes after reports of injuries<\/br>
\n2023-05-11 21:59:41<\/br><\/p>\n