China's Latest White-Hot Boom Market

The market for luxury goods of all kinds is absolutely booming in China, and luxury cars are no exception. Volkswagen's (NASDAQOTH: VLKAY  ) Audi brand is king of the hill right now, but nearly all of the global automakers -- including Ford  (NYSE: F  ) and General Motors (NYSE: GM  ) -- are rushing to grab a piece of this very profitable pie.

In this video, Fool contributor John Rosevear looks at the state of the Chinese luxury-car market, along with its growth prospects -- and he names the automakers that are positioned to take best advantage of this boom.

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