It's not in dispute that the film was retitled (See below). The wider question is why. There are persistent rumours that it was because Americans didn't know what the word 'revoked' meant, but the more mundane reason, at least according to Bond scholar Jim Smith, is that the title tested poorly with US audiences who mostly associated the term with having a driving licence suspended.
As has been often reported, the picture was originally entitled
Licence Revoked, and indeed publicity material bearing this title
still exists. This was changed after research in the American market
confirmed that ‘Licence Revoked’ was a common phrase suggesting the
withdrawal of a driving licence. The idea that most American consumers
did not know the meaning of the word ‘revoked’ appears to be an urban
myth originating in British newspapers.
Jim Smith: Bond Films
Set photos
Script and film memorabilia
Announcement artwork