Peloton recalls 833,000 original series Bike+ bikes due to fall, injury hazards

Peloton (PTON) is recalling about 833,000 Peloton Original Series Bike+ Model PL02, as the bike’s seat post assembly can break during use, posing fall and injury hazards to the user, according to a notice posted with the CPSC. Consumers should immediately stop using the recalled exercise bikes and contact Peloton for a free repair, the CPSC said, adding that Peloton is offering consumers a free seat post that can be self-installed. Peloton has received three reports of the seat post breaking and detaching from the bike during use, including two reports of injuries due to a fall. The bikes are sold at Peloton and Dick’s Sporting (DKS).