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BMW has a rough 100th birthday as share prices slide

BMW is 100 years old now, but falling stock prices are giving the German automaker the birthday blues. Investors are worried about the company's future outlook against luxury rivals, and the shareholders aren't happy about the recent dividend payments, either. According to The Wall Street Journal, BMW's shares dropped almost 2 percent on March 9. Investors have concerns that rivals are closing in. While BMW is in first place, it's not a commanding lead. For example, the German was first in the US luxury market last year with 346,023 deliveries. However, a Polk study found that Lexus actually earned the high-end crown in the US after looking at vehicle registrations rather than sales. BMW performed well last year, including delivering a strong 2.25 million vehicles. Net profits also jumped 10 percent to $7.05 billion, and revenue grew 15 percent, according to the WSJ. However, the shareholders wanted larger dividends after the successful year. The automaker paid out based on a percentage of earnings, but the investors expected more. BMW CEO Harald Kruger has an opportunity to get stockholders back on his side next week when he announces the automaker's new strategy. Expect technology to play a major role in that discussion, including electric vehicles and digital services. We might even see the i5 debut there, according to the WSJ. To be the automotive tech leader of the future, BMW plans to make computer programmers half of its research and development staff. The goal is to develop the most intelligent car on the road. Related Video:

Recharge Wrap-up: drifting Nissan Leaf video, BMW i sponsors Formula E Berlin ePrix

Watch a Nissan Leaf drift. The folks at Autocar got their hands on Nissan's otherwise tame electric vehicle with a set of plastic rear tires, and got it sideways at the British Drift Championship. If that sounds ridiculous, well, it is, but it's also enormously entertaining. If it sounds particularly tricky to pull off in the front-drive EV, yeah, it's that, too. Check it out the drifting Leaf in the video above, and read more commentary at Hybrid Cars. BMW's i division is the title sponsor of the 2016 Formula E Berlin ePrix. The German automaker, which has already put the i8 and i3 to work as safety and medical cars for the electric racing series, is "delighted to be prominently represented with BMW i at the race weekend in the German capital," according to Joerg Reimann, BMW's Vice President of Brand Experience. The 2016 FIA Formula E BMW i Berlin ePrix - as it is now officially titled - takes place on May 21. Read more from Formula E. A Hawaiian biodiesel plant is the first in the US to be certified as sustainable. Pacific Biodiesel's Big Island Biodiesel plant gets its certification from the Sustainable Biodiesel Alliance, covering both the plant's production and distribution of the alternative fuel. The facility uses waste oil, including used cooking oil, to produce its fuel. The certification system is designed to help worthy biofuel producers show that their processes and products are more than just greenwashing. Read more at Utility Dive, or from The New York Times. India's KPIT Technologies has earned the Promising Innovation in Transport Award at the 2016 Summit of the International Transport Forum in Leipzig, Germany. KPIT earned the special recognition for its system to convert diesel buses to all-electric power. The company's retrofits can be applied to a wide variety of bus platforms. Read more at Green Car Congress.

BMW i8 Spyder production could still be years away

BMW will still build a convertible version of the i8, but production of the droptop hybrid sports car won't happen for at least a couple more years. That's according to an anonymous BMW insider speaking to Motoring. "There will be no new i models in 2016. Not even the convertible," the insider told the Australian publication. While the i8 Spyder might not arrive for a while, the company still sees a place for it in the model range. "The i8 is selling well enough now, so the lineup doesn't strictly need it," another unnamed BMW insider told Motoring. "We are doing it, we are just doing it slowly because it's not all we are doing." The automaker sold 2,265 examples of the i8 in the US in 2015, which was up from 555 in 2014. BMW first imagined the convertible i8 with the Spyder concept way back in 2012, and a report in 2013 hinted that it was near production, which never happened. The company then sliced off the sports car's doors and roof for the orange I Vision Future (pictured above) at the recent 2016 Consumer Electronics Show. The concept's open design gave BMW an easy place to show off the AirTouch gesture control system at the tech event. These insider claims are a complete reversal from BMW CEO Harald Kruger's assertion in December that the company would soon unveil the production i8 Spyder. The boss didn't indicate the debut's exact timing, but it seemed a lot sooner than at least a year from now. We'll have to wait and see. Related Video: