1. A driver assistance system for a vehicle, said driver assistance system comprising: a forward facing camera disposed at a windshield of a vehicle equipped with said driver assistance system, said forward facing camera having a forward field of view through the windshield of the equipped vehicle; wherein said forward facing camera is operable to capture image data; a processor operable to process captured image data; wherein, responsive to processing of captured image data, said driver assistance system is operable to determine a lane along which the equipped vehicle is traveling; wherein, responsive to processing of captured image data, said driver assistance system is operable to detect oncoming vehicles approaching the equipped vehicle in another lane that is to the right or left of the determined lane along which the equipped vehicle is traveling; wherein said driver assistance system is operable to determine whether a detected oncoming vehicle is in a lane to the right of the determined lane along which the equipped vehicle is traveling or in a lane to the left of the determined lane along which the equipped vehicle is traveling; wherein, responsive to processing of captured image data, said driver assistance system is operable to control, at least in part, a light beam emanating from a headlamp of the equipped vehicle; wherein, responsive to processing of captured image data, said driver assistance system is operable to adjust the light beam emanating from the headlamp in order to limit directing beam light towards the eyes of a driver of the detected oncoming vehicle; and wherein, responsive to processing of captured image data, said driver assistance system is operable to provide lane departure warning to a driver of the equipped vehicle.