As Transformers 4: Age of Extinction raked in the big bucks at the box office, buzz about the sequel is already taking over. In a recent interview, Producer Lorenzo di Bonaventura addressed the rumors about a 2016 release date for Transformers 5.

Lockdown To Be Resuscitated In The Sequel For Transformers 4: Age of Extinction?

Speaking to Digital Spy, Bonaventura said that they hadn't decided upon any dates yet and it was too early to be thinking about that.

"We don't have a date. We can hardly handle doing one movie at a time to think about the next one," he said.

Transformers 4: Age of Extinction Sequel To Also Be A 'Long Movie' If Michael Bay Stays

But he did add that the discussion about planning for Transformers 5 was not too far away.

"In three or four weeks when the dust has settled, we'll talk about it. 2016 sounds a little rushed to me, but we'll see," he added.

Earlier this year it had been revealed that Transformers 4: Age of Extinction was only the beginning to a new phase in the series, and a trilogy will be led by Mark Wahlberg. But there seem to have been talk of issues between Bay and Paramount as he has set the condition of working on a passion project, like Pain and Gain from last year, before getting toTransformers 5.

In an interview with Screen Rant dated June 27, producer Ben Kendrick spoke about Age of Extinction and Transformers 5.

Kendrick dismissed the rumors about the producers looking for a replacement for Bay in the movies.

"I think it's one of those classic things where somebody reported that and suddenly it became our plan. We have never discussed the idea of how to hand it off, honestly," he said. "It's not like we don't think, well what happens if Michael doesn't do it, of course you do. But we want to keep Michael on this, so we're not spending any time worrying about who could come in. We're trying to figure out how to keep him going and keep him excited."

Meanwhile, it doesn't seem like Age of Extinction has been a success with critics as it has gotten some pretty bad reviews pointing to a sensory overload with excessive use of technical, CGI mined wizardry and a lack of a strong plot, with the human characters almost rendered meaningless. 

Transformers: Age of Extinction will hit theaters on June 27, 2014.

Watch the trailer for the movie here: