COQUITLAM, B.C. - One man is dead following what police are calling a targeted shooting in Coquitlam, B.C.

RCMP were called to a residential neighbourhood on Friday night for several reports of shots fired and a vehicle speeding away from the scene.

Emergency crews arrived to find a man with gunshot wounds inside a vehicle.

Police say the man, who has not been identified, was taken to hospital, where he died of his injuries.

Shortly after the shooting, RCMP were notified of a dark-coloured sedan on fire nearby.

The Integrated Homicide Investigations Team is now investigating and Cpl. Frank Jang says they believe the shooting is a targeted incident.