In conjunction with the U.S. Consumer Product Safety Commission, the connected fitness company Peloton is recalling 2.2 million of its model PL01 bikes due to a potentially faulty seat that caused a reported 13 injuries to consumers that included a fractured wrist, lacerations and bruises.
Peloton, which has received 35 consumer reports of the seat post breaking and detaching from the bike during use, is offering owners of the bike a free seat post that can be self-installed. The recalled product has been sold at Dick’s Sporting Goods stores in the U.S. and on Amazon.com and Onepeloton.com for about $1,400 since Jan. 2018.
Shares in the group were down by 6.5 percent today in mid-morning trading following the recall announcement.
In Sept. 2022, Peloton Interactive faced civil monetary penalties in the United States over its May 2021 recalls of its Tread+ and Tread treadmills.
