A vehicular video mirror system comprises an interior electrochromic mirror having a transflective mirror reflector and a video screen disposed behind the mirror reflector so that the presence of the video screen is substantially unobservable to a driver of the vehicle until the video screen is actuated to emit light that passes through the electrochromic reflective element to be viewed by the driver of the vehicle. Control circuitry receives a signal indicative of selection of a reverse gear of the vehicle by the driver and actuates the video screen in order to display video images captured by a video imaging device disposed to the rear of the vehicle and having a field of view rearward of and external to the vehicle.