Disney announced Tuesday that a sequel to superhero animation flick, “The Incredibles,” and a third installment of the adventure toon, “Cars,” are in the works with Pixar, and they will be released sometime after 2015.

“It’s official: we’re currently working on new films featuring your favorite characters from The Incredibles and Cars!” Disney and Pixar wrote on their joint Twitter account Tuesday.

Bob Iger, CEO of The Walt Disney Company (NYSE:DIS), confirmed the news during the company’s shareholders' meeting in Portland, Ore. However, details about storylines and release dates were not revealed.

"Brad Bird is already working on a great story for a new Incredibles film," Iger reportedly said. Bird, who wrote and directed “The Incredibles” in 2004, is currently about to finish Disney’s live-action movie, “Tomorrowland,” starring George Clooney, slated for a May 2015 release.

“The Incredibles” has raked in more than $631 million in revenues worldwide and has won several awards, including two Oscars.

The supremely popular “Cars" came in 2006 and spawned a theme park, along with a sequel, “Cars 2,” in 2011, and a spin-off, “Planes,” in 2013. “Planes” now has a franchise of its own with a second installment, “Planes: Fire & Rescue,” due in July. The first two “Cars” films collected more than $1 billion in global ticket sales.

According to reports, Disney also plans to re-release 2007's "Ratatouille" and the original "The Incredibles" in 3D. And, Pixar is expecting the release of “The Good Dinosaur” and “Inside Out” in 2015 while working on a sequel to “Finding Nemo," which is titled “Finding Dory.”

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