Another often quoted statement that it not strictly true. The legal requirement is that the speedometer not under-read from new, i.e. a speedo can legaly have a 0% to +10% error. However speedo error can change dramaticly over the life of a car. A replacement gearbox, different wheels and tyres, the addition of aftermarket dials or just a sticking meter movement could cause the speedo to under read. Just because the law says they mustn't do that when new, dosn't mean it can't happen later.