Disney are planning a sequel to 'The Incredibles' and a third installment of 'Cars'.

Director Brad Bird, who wrote and directed the 2004 original, is developing the follow-up to the animation, which shows a family of superheroes who are forced to hide their powers when they move into a suburban town.

Meanwhile, the studio is also working on a sequel to 2011's 'Cars 2', which proved a box office success despite receiving mixed reviews from critics.

Talking during Disney's annual meeting of shareholders at Portland, Oregon, Walt Disney CEO Bob Iger, said: ''We have plans for a new 'Cars' movie and on top of that Brad Bird is already working on a great story for a new 'Incredibles' film.''

And Disney-Pixar confirmed the news on their official Twitter account, they wrote: ''It's official: we're currently working on new films featuring your favorite characters from The Incredibles and Cars! (sic)''

They attached an image of The Incredibles family posing behind a backdrop of trees.

Meanwhile, Bird is currently working on 'Tomorrowland,' which stars George Clooney and Hugh Laurie, and is due out in May 2015.