A vehicular video mirror system includes an interior rearview mirror assembly and a video display assembly. The interior rearview mirror assembly includes a mirror casing incorporating a reflective element. The reflective element has a rearward field of view when the interior rearview mirror assembly is mounted in a vehicle. The mirror assembly further includes a mirror-mounting portion, which is adapted to mount the interior rearview mirror assembly at an interior portion of the vehicle, such as a windshield portion or a header portion. The mirror casing is adjustable about the mirror-mounting portion for adjusting the rearward field of view of the reflective element. The video display assembly includes a video screen which is incorporated in a video display housing. The video display assembly also includes a display-mounting portion, which is adapted to mount the video display assembly at the interior portion of the vehicle. The display housing is adapted to be adjustable about the display-mounting portion for adjusting the orientation of the video screen and, further, for moving the display housing to a stowed position whereby the video screen is generally not viewable by a driver when seated in a vehicle seat in the vehicle to thereby minimize the distraction to the driver of the vehicle.