NEW YORK (TheStreet) -- Ford Motor Co. (F) - Get Report shares are down 2.08% to $16.22 in afternoon trading on Wednesday after the automaker announced a recall of 221,000 North American trucks and SUV's mostly in the U.S.

The recall affects recent models of the company's ambulance, police and emergency vehicles though Ford says that while there have been no reports of accidents or injuries due to the recall issues that there have been two reported under-hood fires.

Vehicles involved in the recall include 212,911 2011-2013 model Ford Explorer and Police Interceptor models for interior handles that can come unhatched; 1,725 2013-2015 model Lincoln MKT Limousine and Hearst vehicles with a faulty vacuum pump that could become a fire hazard; and 6,472 F-series Super Duty ambulance vehicles due to a faulty temperature sensor. 

In separate news, Ford could be in for a prolonged labor fight this summer based on comment made by the president of the United Autoworkers Union today.

The 390,000 active member union held its national bargaining convention in Detroit today where UAW president Dennis Williams said that the current two tier payment system was already too much as he is already under pressure by union members to end the second tier of wages, according to Reuters

Separately, TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate FORD MOTOR CO (F) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• Net operating cash flow has significantly increased by 588.25% to $2,168.00 million when compared to the same quarter last year. In addition, FORD MOTOR CO has also vastly surpassed the industry average cash flow growth rate of -24.41%.
• Regardless of the drop in revenue, the company managed to outperform against the industry average of 10.1%. Since the same quarter one year prior, revenues slightly dropped by 4.5%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
• FORD MOTOR CO has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past two years. However, we anticipate this trend to reverse over the coming year. During the past fiscal year, FORD MOTOR CO reported lower earnings of $0.78 versus $1.75 in the prior year. This year, the market expects an improvement in earnings ($1.58 versus $0.78).
• Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. The stock's price rise over the last year has driven it to a level which is somewhat expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
• The gross profit margin for FORD MOTOR CO is rather low; currently it is at 16.65%. Regardless of F's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 0.14% trails the industry average.
• You can view the full analysis from the report here: F Ratings Report

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