first off, I think we ought to start with a defination of "economic recovery". like the old saying that; "its a recession when your neighbor loses his job and its a depression when I or you lose our job".

I am not yet sure there is going to truly be a recognizable recovery, and I am not sure if I would recognize one if it hit me in the face with a brick. I think I have always considered myself grateful to have a job, any job, and considered any raise I ever got to be "gravy" in a world full of gristle.
At least on this side of the pond, it sure seems like the manufacturer's are not really tooling up for any sort of recovery. but situating them selves and the dealers for a winding down and consolidation.