There are quite broad specifications for the accuracy of speedometers. You can see the specs in
http://www.comlaw.gov.au/ComLaw/Legi...AL+FRLI%5D.pdf
The specifications do not allow the spedo to under read. My spedo is further out than BlackNavara's. From 80 km/H it reads nearly 10 km/H fast.
Below is an extract from my link
PeterD
Annex 3
TEST OF SPEEDOMETER ACCURACY FOR CONFORMITY OF PRODUCTION
1. Test conditions
The test conditions shall be as set out in paragraphs*5.2.1. to 5.2.6. of this Regulation.
2. Requirements
The production shall be deemed to conform to this Regulation if the following relationship between the speed indicated on the display of the speedometer*(V1) and the actual speed (V2) is observed:
In the case of vehicles of categories M and N:
0 ≤ (V1