A forward-facing vision system for a vehicle includes a forward-facing camera disposed in a windshield electronics module attached at a windshield of the vehicle and viewing through the windshield. A control includes a processor that, responsive to processing of captured image data, detects taillights of leading vehicles during nighttime conditions and, responsive to processing of captured image data, detects lane markers on a road being traveled by the vehicle. The control, responsive to lane marker detection and a determination that the vehicle is drifting out of a traffic lane, may control a steering system of the vehicle to mitigate such drifting, with the steering system manually controllable by a driver of the vehicle irrespective of control by the control. The processor, based at least in part on detection of lane markers via processing of captured image data, determines curvature of the road being traveled by the vehicle.