Arctic Cat Recall: Loss of Control at Risk

NEW YORK ( TheStreet) -- Snowmobile maker Arctic Cat ( ACAT ) is recalling about 16,500 snowmobiles due to defect that can lead to a loss of control.

According to the Consumer Product Safety Commission (CPSC) the front lower suspension arms of the snowmobiles can crack while they're being used; causing the driver to lose control of the snowmobile.

Risks include severe injury or death.

To date, Arctic Cat has received 13 reports of suspension arms cracking, but no injuries or accidents were reported.

Vehicles affected by the recall involve all 2010 Arctic Cat Z1, TZ1, F, Bearcat, M, and CF model snowmobiles. They were sold at Arctic Cat dealerships nationwide from June, 2009, through January, 2011, for $6,800 to $15,000.

The CPSC says consumers should stop using these snowmobiles immediately and should contact their local Arctic Cat snowmobile dealer to schedule a free repair.

Shares of Arctic Cat have been trading 0.4% higher to $14.90 in Wednesday trading. Several related stocks were trading lower, with Kandi ( KNDI) down 1% to $4.92 and Polaris ( PII) falling 0.7% to $74.08.
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