A camera module for a vehicular vision system includes a metal front housing, a lens holder and a metal rear housing. The front housing houses a printed circuit board having an imager disposed thereat. The lens holder is attached at a front portion of the housing so that a lens assembly is optically aligned with the imager. The rear housing attaches at a rear portion of the front housing and includes a connecting element for electrically connecting to circuitry at the printed circuit board when the rear housing is attached at the rear portion of the front housing. An outer portion of the connecting element is disposed in a connector portion of the rear housing so as to be electrically connectable to electrically conductive elements of a vehicle connector when the camera module is disposed at the vehicle and the vehicle connector is connected to the connector portion.