US: full recall announced, for full refund.
This just in:
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html (and similar elsewhere. Original CPSC/Peloton press release is at
https://www.cpsc.gov/Newsroom/News-Releases/2021/CPSC-and-Peloton-Announce-Recall-of-Tread-Plus-Treadmills-After-One-Child-Death-and-70-Incidents-Recall-of-Tread-Treadmills-Due-to-Risk-of-Injury )
From CNBC:
"Peloton announced Wednesday voluntary recalls of both its treadmill machines over safety concerns.
The announcement marked a major reversal of Peloton’s initial reaction and comes after weeks of discussions with the U.S. Consumer Product Safety Commission.
In a statement, Peloton apologized for not acting more quickly to resolve the issue after reports of one death and dozens of injuries.
[...]
Peloton shares tumbled more than 9% on the news.
The company is advising customers who already have either the Tread or Tread+ products to immediately stop using the equipment and contact Peloton for a full refund or other qualified remedies. It added that it is working on a repair that will be offered to treadmill owners in the coming weeks.
The recall affects about 125,000 Tread+ machines and roughly 1,050 Tread products in the U.S.
[continues]"
Biting the hand that feeds IT
