The agency received an additional 700 reports of electrical components failing or overheating, causing smoke or melted parts.
is a fire waiting to happen in your home," Ann Brown,
the commission's chairman, told The Washington Post.
The CPSC is advising parents to remove the car's batteries -- either one or two 6-volts -- immediately, until the toy vehicle can be brought into one of about 400 specially designated Fisher-Price repair shops for free overhauls of battery connections and fuses.
Between 2.5 million and 10 million of the child-sized cars will be subject to recall and repair, Sean Fitzgerald, a spokesman for Mattel Inc., the parent company of Fisher-Price, told CNN.
The recall applies to all Power Wheels vehicles made prior to October 1, 1998, Fitzgerald said.
Unsold Power Wheels are immediately being removed from the toy shelves and repaired. Those cars, and any others made after September 1998, will feature a new tamper-proof fuse and a rechargeable battery that has a reinforced plastic connector, officials said.
Barbie Jeep, Big Jake and Extreme Machine are three of the Power Wheels models sold by Fisher-Price, which retail for between $70 and $300. When the child presses the car's accelerator, the vehicle travels up to five miles per hour.
An earlier model of the Power Wheels vehicle was voluntarily recalled in 1991 by its original manufacturer, Kransco Power Wheels, according to CPSC documents. The Power Wheels Porsche automobile often failed to stop safely due to faulty contact points in the vehicle's then 18-volt battery.
Fisher-Price acquired Kransco in 1994.
Company officials say Fisher-Price has about 400 repair centers in the United States. The centers can be found through the Power Wheels hot line at 1-800-977-7800. Parents also can check the toy's Web site at www.powerwheels.com.