An air conditioning system for a vehicle includes a cabin air conditioning unit, a heat management unit, a temperature detecting unit, a switching unit, and a control unit. The control unit is operable to control operations of the cabin air conditioning unit, the switching unit, and the heat management unit according to temperature detection results from the temperature detecting unit, thereby regulating temperature of at least one of a passenger cabin and a heat generating component, which generates waste heat during operation thereof, of the vehicle.