NEW YORK (TheStreet) -- Shares of Ford Motor Co. (F) are lower by -1.44% to $17.07 in mid-morning trading on Tuesday as the company is recalling almost 101,000 cars in order to repair safety issues, the Wall Street Journal reports.
Ford is recalling 92,000 sedans and sport-utility vehicles due to a safety issue that could result from a poorly installed right-hand half-shaft.
The half shaft might become dislodged causing the car to move unexpectedly.
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Cars included in the recall are the 2013-2014 Ford Taurus, Ford Flex, Lincoln MKS, and Lincoln MKT, and the 2012-2014 Ford Edge and the 2014 Lincoln MKX SUV, WSJ added.
Ford is also recalling close to 2,100 2014 Ford Escape vehicles so it may fix an issue with the panoramic glass roof, and nearly 200 2014 Ford Fiesta compacts to repair a leak in the fuel tanks, WSJ said.
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 some important positives, 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 revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."