Despite financial problems, Nissan is still pressing ahead with a next-generation Z car and today we're finally receiving more details that confirm some previous rumors. Today's Nissan 370Z dates back to 2009 and it's long overdue for a replacement, but it appears the wait will very much be worth it. Already we've seen the redesigned and retro-ish Z badge but now Autocar has learned that not only could the new car be revealed sometime within the next 12 months, but also its expected name and engine.

Supposedly, it'll be called the 400Z and will come powered by a twin-turbo V6 offering more power than the current naturally aspirated 332-hp 3.7-liter V6. Bear in mind the 370Z and its 350Z predecessor were named because of their engine displacements, but that doesn't appear to be the case this time around. In other words, expect it to hit that 400 hp goal. Sources confirm the 400Z will be using an Infiniti-sourced 3.0-liter twin-turbocharged V6, though we already suspected this.

This is the same engine currently powering the Infiniti Q60. In fact, this all-aluminum V6 is a member of the VR family that also includes the 3.8-liter V6 powering the Nissan GT-R. Unlike the Q60, however, the 400Z will be rear-wheel-drive and not AWD. Performance is also expected to exceed that of the Q60, which goes from 0-62 mph in 5 seconds flat.

Another key detail is weight. The Q60 weighs a hefty 4,023 pounds, a figure that's simply unacceptable for a Z car. Ditching the AWD system is one way Nissan will shed poundage, but also expect greater use of lightweight materials, such as aluminum for the body.

It's still too early to know for sure, but Nissan is very likely to offer both a six-speed manual and an automatic gearbox option. Not only will this satisfy fans, but also gives the 400Z row your own gear bragging rights over its main rival, the automatic-only Toyota Supra.

Sources also claim Nissan's performance sub-brand, Nismo, is working on a more powerful and faster 400Z. The current 370Z Nismo only has a 16 hp advantage over the standard car, but turbocharging gives engineers a greater ability to squeeze out even more power.

At the moment, Nissan has to decide on a reveal date and there's a very good chance the coronavirus pandemic will alter any original plans. But rest assured, the twin-turbo Nissan 400Z is coming.