"Developed by series creator Rockstar North, Grand Theft Auto V takes place in a re-imagined, present-day Southern California in the largest and most thriving game-world we have ever created set in the sprawling city of Los Santos and for miles beyond – from the tops of the mountains to the depths of the ocean.
Starting next week November 5, 2012, Grand Theft Auto V will become available for pre-order everywhere and fans can expect a host of new information to become available in November."
Grand Theft Auto V - Spring 2013
This may come as no surprise to many of you given recent leaks etc. however now we have it officially from Rockstar. GTA V will launch worldwide on both XBOX 360 & PS3 in Spring 2013, no specific date just yet but Rockstar did give us this little snippet of information with the announcement.