The latest recalls involve mainly older midsize cars and bring GM's total recalls in North America to 29 million this year, surpassing the 22 million recalled by all automakers last year. 

Chrysler, meanwhile, added about 696,000 minivans and SUVs to a 2011 recall to fix faulty ignition switches.

The latest recall covers some Dodge Journey SUVs and Chrysler Town & Country and Dodge Caravan minivans from the 2007 to 2009 model years. Most were sold in the U.S., Canada and Mexico.

5. -- Ford and General Motors are expected to release auto sales for June throughout the day.

Light vehicle sales in the U.S. in June are expected to show a year-over-year decline of 2% to 3% percent in June, forecasters said, as quirks in the calendar will overshadow the industry's continued strength.

6. -- BNP Paribas , the largest bank in France, agreed to pay nearly $9 billion to resolve criminal allegations that it processed transactions for clients in Sudan and other blacklisted countries in violation of U.S. trade sanctions, the Justice Department announced Monday. The bank pleaded guilty to state charges in New York and plans another guilty plea in federal court next month.

7. -- Hewlett-Packard  and attorneys representing shareholders confirmed on Monday they had agreed to settle litigation over the $11.1 billion acquisition of British  software company Autonomy, Reuters reported.

Reuters first reported news of the settlement on Friday.

HP took an $8.8 billion impairment charge in November 2012 for its purchase of Autonomy just over a year earlier, with more than $5 billion of that linked to what HP said at the time were "serious accounting improprieties, misrepresentation and disclosure failures."