Peloton releases software fix for recalled treadmills
(CNN) – Peloton is rolling out a software update to its treadmills that forces users to lock them when not in use.
The automatic update comes after the company recalled 125,000 treadmills earlier this month following a child’s death and 70 other reported injuries tied to the machines.
The new software includes a feature called “Tread Lock,” which requires users to enter a four-digit code before the treadmill can be used and locks the equipment after 45 seconds of inactivity outside of a class.
Owners are also allowed to return the treadmills for refunds if they like.
Those refunds are expected to cost the company $50 million, in addition to the $165 million Peloton has lost by temporarily halting new sales of the treadmills.
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