Nissan Shares to Fall Further, Macquarie's Lewis Says

The transcript discusses the financial challenges faced by a company, including dividend cuts and share price targets. It highlights the importance of executing a transformation plan, particularly in the US and China markets, and addresses the impact of restructuring and material costs. The potential merger with Renault is also examined, considering its implications for shareholders and management.

How does the text describe the challenges in achieving the retail growth target in China?

What issues does Renault need to address for a viable merger proposition?