Grand Theft Auto V is basically set in fictional Los Santos in the state of San Andreas and its surrounding areas, based on modern-day Los Angeles and Southern California. You'll see the Griffith Observatory, Echo Park, The Forum, and much more in the trailer. Pre-order page. Continue reading for the video, screenshots, and additional information.
Rockstar told IGN that the multiplayer function for Grand Theft Auto V will redefine what 'open-world' really means. That's a pretty hefty statement considering the source. Leslie Benzies, Rockstar North's head honcho, had a few things to say about what players could expect from Grand Theft Auto V's multiplayer.
"For GTA V we want to push all of these to a new level while incorporating new gameplay elements that would not have been possible before," he said. "The ability to switch between different characters allows the player to do things that wouldn't have been possible in any other GTA game, and on the multiplayer side we hope that GTA V will do for multiplayer open world games what GTA III did for open world single-player games."
[Sources 1 | 2]