---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-22-000085"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2022-12-22T23:59:59+00:00"
generated_at: "2026-06-20T23:51:24.828483+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale extends joint venture with Wells Fargo to Dec 2028 for dealer financing arm

## Summary
- HYG Financial Services (80% Wells Fargo, 20% Hyster-Yale) to continue providing dealer/customer financing through 2028.
- Base term extended from Dec 31, 2023 to Dec 31, 2028 per amendment dated Dec 19, 2022.
- HYGFS provides debt, lease, and loan financing to independent Hyster/Yale dealers and national accounts in US.
- No other material changes to ownership or structure disclosed.

## SEC filing metadata
- accession: 0001173514-22-000085
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2022-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173514/000117351422000085/0001173514-22-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351422000085/hy-20221219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-22-000085
- JSON: https://secwatch.observer/filing/0001173514-22-000085.json
- Plain text: https://secwatch.observer/filing/0001173514-22-000085.txt

## Key facts
- Material Agreements
  HYSTER-YALE, INC. amended Amendment to Third Amended and Restated Joint Venture and Shareholders Agreement with Wells Fargo Financial Leasing, Inc. (effective 2022-12-19).
  - Action: amendment
  - Agreement: collaboration
  - Counterparty: Wells Fargo Financial Leasing, Inc.
  - Effective: 2022-12-19
  source text: On December 19, 2022, Hyster-Yale Group, Inc. ("HYG"), a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc. (the "Company"), entered into the Amendment to Third Amended and Restated Joint Venture and Shareholders Agreement (the "Agreement") with Wells Fargo Financial Leasing, Inc. ("Wells Fargo").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173514/000117351422000085/0001173514-22-000085-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.