April 10 (Reuters) - Cummins Inc:
* Eaton and cummins Inc announce joint venture for automated transmissions for heavy- and medium-duty commercial vehicles
* Under terms of agreement, Eaton will receive $600 million in cash from Cummins for 50 percent interest in joint venture.
* Cummins and Eaton will each own 50 percent of new joint venture
* Cummins will consolidate joint venture results as part of its components business segment Source text for Eikon: Further company coverage: