A method of assembling a vehicular camera includes providing a printed circuit board and dispensing an adhesive in an uncured state at the printed circuit board. A front camera housing is mated with the circuit board, and the lens optics are aligned with respect to the imaging array at the circuit board by utilizing a multi-axis positioning device operable to translate the circuit board or lens assembly relative to the other along one or more orthogonal translational axes and manipulate the circuit board or lens assembly relative to the other about one or more orthogonal rotational axes. After aligning the lens optics with respect to the imaging array, the adhesive is cured to a first cure level and the joined lens assembly and the front camera housing are moved to a further curing station, where the adhesive is further cured to a second cure level.