The second video for the anticipated open-world sequel takes a closer look at the three playable characters, the city of Los Santos and its many vehicles.
Highlights include the appearance of dogs, action sequences where a Jeep drives off a plane and two trains collide, and a much more light-hearted tone absent from GTA IV.
New details and screenshots of the game have appeared online in recent weeks.
Grand Theft Auto 5 will take place in a world larger than GTA 4, San Andreas and Red Dead Redemption combined.
Rockstar also recently revealed story spoilers relating to the plot and its characters.
Elsewhere, multiplayer is said to redefine the genre in the same way that GTA 3 did for single-player open-world games.
Copyright: Rockstar GamesAnnounced last year, Grand Theft Auto 5 will take place in Los Santos, which is loosely based on present-day Southern California.
The game features three protagonists - Trevor, Franklin and Michael - who each have their own personality, skill set and social circles to interact with that contribute to the game's overall story.
Trevor is a drug-addicted career criminal while Franklin is a street hustler and Michael is a retired bank robber.
Grand Theft Auto 5 was recently announced for a spring 2013 release, which Rockstar has now confirmed will be after March.
Watch the Grand Theft Auto 5 announcement trailer below: