Disney confirms 'Incredibles 2,' 'Cars 3' now in development

If you're a Disney/Pixar fan, you'll love this- Disney CEO Bob Iger revealed 'The Incredibles 2' and 'Cars 3' are BOTH in the works!

During a shareholders meeting Tuesday, Iger says 'Incredibles' director Brad Bird is now working on a story for the sequel. The announcement comes after news that the original will be re-released in theaters in 3-D soon.

As for 'Cars 3,' the Disney executive didn't give much away, but we've heard rumblings of a third installment for months, after one of the voice actors leaked development details on the project.

But don't break out your superhero tights or favorite Cars' gear just yet, there are a few other Pixar films set to hit the silver screen before the big sequels. "Inside Out" will be released next summer, "the Good Dinosaur" is out in November 2015 and "Finding Dory," the highly anticipated sequel to "Finding Nemo," debuts in June 2016!

No word yet on when Lightning McQueen, 'Mater and the Parr family will make their comebacks, but Disney says we may not see them again until 2018 or 2020.