Hyundai plan to boost incentives in the United States, its key export market, a Reuters report said. A Hyundai Motor official told Reuters that the car maker planned to slash interest rates on instalment financing to around 1.5 to 2.5% from the current four to 4.5%. The official said the slashed interest rates would take effect "soon", but could not give an exact date, the report added. The interest rate would be similar to those offered by Japanese rivals.