Spain's government urged the Japanese car giant to reconsider, saying its decision would cost 3,000 jobs.
The former Nissan chairman escaped Japan last week. In his first appearance since, he attacked Japan's justice system.
From "Mr Fix-it" to international fugitive. Who is Carlos #Ghosn?
"As a representative of our company, I would like to deeply apologize to our shareholders for the financial misconduct and the serious wrongdoing by our former executives last year."
Fiat Chrysler is withdrawing its 31.2 billion euro merger offer for Renault, abandoning a deal that would have created the world's third biggest carmaker
Nissan's former chair Carlos Ghosn says he was a victim of "backstabbing" and a "conspiracy" in a video address showed on Tuesday.
Here is our round-up of key stories from across Europe so far today.
The arrest of Nissan, Renault and Mitsubishi Chairman Carlos Ghosn has sent shockwaves through the business world and caused company shares to tumble.
He's been accused of under-reporting his salary by 38 million Euros.
Euronews brings you all the breaking news and top stories as they happen this morning.
Company says will hire more skilled quality control inspectors and review internal structures.