yyyHaving had the same problem myself, and done a lot of research, the answer is that there is a known design fault with 406 (and some 306) indicator stalks that leads to random flashing. The original part manufacturer went bust because they couldn't cope with all the warranty replacements.
Peugeot will replace it if the car is in warranty and even out of warranty on a case by case basis. If you get your car serviced by a dealer then they might replace it out of warranty to keep your business. Most people don't realise that consumer law requires all goods to be fit for purpose and withstand reasonable wear and tear - irrespective of warranty period. You don't hear of other manufacturer's indicator stalks packing up after 3 or 4 years from new
I managed to keep mine going for quite a while by wiggling the stalk vigourously up / down / back & front for a minute or two - make sure the ignition is off.
I think the problem is that the internal switch parts wear and the switch contacts touch when they shouldn't. I looked at taking mine apart, but it's not made for servicing. Dealers charge around £70 for a new stalk but you can get them for £40 or less. They are easy to fit if you are basically competent in DIY. Just find the screws under the steering column bottom cover and remove the top cover. The stalk is held in by a couple of screws and there is a push fit connector for the cable.
Which Indicator?
green lights keep flashing everything in the fridge froze yesterday
The fuse box is in the top of the glove box and its in there. Use the diagrams on the black relay cover to tell you which exact fuse it is. If you are having trouble with your indicators keep in mind it could be a faulty stalk or hazard switch.
Keep the key in the ignition off position and press and hold the info button (left side of dashboard) for 4 seconds until the "maintenence spanner" starts flashing. release the button, then press again when prompted to clear. press a third time to confirm.
THANKS BUT I FOUND ANSWER.................The Engine Immobilizer Indicator Light is supposed to flash continually when your key is removed from the ignition
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Why do my hazard lichts keep flashing when car is locked
security light keep flashing put new starter on still will not crank
rewire them.
A flashing check engine light is an indication of a misfire.
ford mondeo 1999 model indicators keep flashing &battery flattens
Cut the stalk, leave the leafs attached until ready to use. Put the stalk in a jar of water and keep on the counter.