Although, the company did not forecast any specific numbers for the first quarter, it expects Q1 sales to be lower than the year-ago period and the previous quarter. The company posted net sales of $503.6 million for the year-ago period and $478.2 million for the previous quarter. Allison cited lower demand in the North America On-Highway and global Off-Highway end markets for the anticipated year-over-year decrease in Q1 sales.The automatic transmission specialist expects 2016 net sales to be down by 6.5% to 9.5% from 2015 levels of $1.99 billion. Analysts are looking for a 8.5% decline.The company has a history of strong adjusted Free Cash Flow or FCF generation. For fiscal 2015, the company reported adjusted FCF of $530 million or $2.99 per share, which is about 11% of its current stock price. Looking ahead to 2016, the company expects to report Adjusted Free Cash Flow in the range of $400 million to $450 million, or $2.30 to $2.60 per share.