About 2 weeks ago we received a tip that suggested  Grand Theft Auto IV: Stories for the Vita and while it was difficult to believe this, we posted the article to notify you GTA fans out there of this future game. Our tipster gave us a lot of details and it caused quite a stir around N4G and other sites were talking about it. As with any tip, we usually post those type of articles under the rumors section until there is an official confirmation from the publisher.

To give you guys an update, we thought that you should know that Eurogamer posted a screengrab of what appears to be a Grand Theft Auto for the PlayStation Vita. The screen was taken from the major European game store known as Play.com. In the image it shows that the retailer posted Grand Theft Auto: Vice City Nights with preorder options, which is a really good hint of a future title. Although this may be a mistake from the retailer there are times in which game stores have sensitive information about future games and their releases.

In my opinion Grand Theft Auto: Vice City Nights on the PlayStation Vita would be awesome, but I highly doubt that Rockstar would put all this effort at creating a new Vice City just for the handheld. I can see them doing this for the consoles and then making a slim down version that would work with the handheld. We will have to wait and see, but below you can see the item as it was posted on Play.com.

[Fake Vice City Image] – [Eurogamer Article] – [Screen Taken from Play.com]

Purported details for Grand Theft Auto V appeared online last week. They were posted on GTAForums.com from a user named “GTA5RULESALL” who claims to work for a “Playstation magazine in the UK.” Additionally, the user says his team has seen a 30-minute GTA V gameplay video.

Some of the info that was posted includes Los Santos being at least four times larger than GTA IV’s Liberty City, improved shooting mechanics, customizable weapons and character (a “CJ”-like playable character is noted), drivable planes, upgradable vehicles, and a weapon-crafting and leveling-up system (the latter, which was featured in GTA: San Andreas, is said to improve your weapon skills and other abilities).

Also, there will purportedly be animals like dogs and cattle (it’s unknown if they can be harmed, however), more climbable things and indoor locations, various mini-games and NPC-to-NPC interactions, environmental-based tremors, and a more forgiving crime-alert system, yet more “realistic” cops (they’ll use smoke/tear gas, dogs, etc.).

Hit the link below to read more, but do so while taking your daily supplement of salt since these aren’t official details.

[Pic]

GTA V Trailer Analysis [Official Thread] [GTAForums.com, via G4TV]

If you are a Grand Theft Auto fan you will probably be happy to know that Rockstar Games is releasing a trailer this Wed 11.02.2011 for the very anticipated Grand Theft Auto V. As of now there is no news in regards to the storyline, but the fact that it’s coming should be great news to all. As always keep checking with us as more details emerge.

[Rockstar Games]

Research Analyst, Michael Pachter of Wedbush Securities is known to speak out on industry related matters. This time around Patcher went on to say that Call of Duty is way bigger then Grand Theft Auto when it comes to sales as COD has become a game that gets released every year. This should serve as a blow to Rockstar Games that releases a GTA game every four to six years. In one way as gamers we understand that it takes work to make a game, but to wait for such a long time to play a title that has very little replay value like GTA IV is just unacceptable.

In his own words here’s what Pachter said to Industry Gamers

“Call of Duty is bigger, and GTA will not maintain its position as the world’s biggest mainstream franchise,

The main difference, of course, is that Rockstar takes its time with GTA, releasing one title every few years, whereas Activision has managed to successfully annualize Call of Duty and sell a boatload with every new iteration. That’s kept Call of Duty top of mind with many gamers. While GTA might sell 25 million every four years, Call of Duty can sell 20 million essentially every year (at least for now).

Eventually, Call of Duty may suffer from fatigue, and GTA could keep chugging along, but it will be 8 years before we can make that call,

[Industry Gamers]

If you were old enough to have the privilege to play Grand Theft Auto: Vice City in 2002 when it came out you probably appreciate what a group of moders are doing to the game. The other day GTA: San Andreas was updated and what we mean by that is it’s graphics. The modification looked great and it felt like play Grand Theft Auto IV and this is the same thing that these very smart modders are doing making the graphics of the original vice cily compete with that of GTA IV.

Below you can see a video of what to expect and let’s say that these geniuses are planing to release the mod this coming Christmas.