{"id":10616,"date":"2023-05-18T18:14:48","date_gmt":"2023-05-18T22:14:48","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/recalled-peloton-treadmills-get-us-regulator-approval-for-repair\/"},"modified":"2023-05-18T18:14:48","modified_gmt":"2023-05-18T22:14:48","slug":"recalled-peloton-treadmills-get-us-regulator-approval-for-repair","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=10616","title":{"rendered":"Recalled Peloton treadmills get US regulator approval for repair"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. A Peloton logo is pictured on a sign outside a store in the Manhattan borough of New York City, U.S., January 25, 2022. REUTERS\/Carlo Allegri<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>(Reuters) &#8211; The U.S. Consumer Product Safety Commission (CPSC) on Thursday approved a repair for a rear guard of Peloton Interactive (NASDAQ:) Inc&#8217;s recalled &#8216;Tread+&#8217; treadmill. <\/p>\n<p>The fitness equipment maker had announced a costly recall of its &#8216;Tread+&#8217; treadmill in 2021 following the reports of multiple injuries and the death of a child in an accident.<\/p>\n<p>Shares of Peloton were up 3.1% at $7.4 in morning trading.\u00a0<\/p>\n<p>Peloton&#8217;s Tread+ is a &#8220;slat-belt&#8221; treadmill that needs a higher torque motor and ground clearance than a typical home treadmill, making them a risk for children and pets.<\/p>\n<p>&#8220;The approved rear guard repair eliminates the potential for entrapment near the rear roller of the treadmill,&#8221; the safety regulator said in a statement. <\/p>\n<p>&#8220;The rear guard repair features a breakaway design that pivots away from the treadmill when it comes into contact with a person or object, shutting off power to the unit and decelerating the belt.&#8221;<\/p>\n<p>To date, in addition to the reported death, Peloton has received a total of 351 incident reports of pull-unders, including 90 reports of injuries to consumers, according to the CPSC. <\/p>\n<p>Peloton will offer the guard free of charge to all members who own a &#8216;Tread+&#8217;, the virtual workout company said in a statement on its website. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/recalled-peloton-treadmills-get-us-regulator-approval-for-repair-3085811\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. A Peloton logo is pictured on a sign outside a store in the Manhattan borough of New York City, U.S., January 25, 2022. REUTERS\/Carlo Allegri (Reuters) &#8211; The U.S. Consumer Product Safety Commission (CPSC) on Thursday approved a repair for a rear guard of Peloton Interactive (NASDAQ:) Inc&#8217;s recalled &#8216;Tread+&#8217; treadmill. The fitness [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-10616","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Recalled Peloton treadmills get US regulator approval for repair | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. A Peloton logo is pictured on a sign outside a store in the Manhattan borough of New York City, U.S., January 25, 2022. 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