As said above, all speedos are allowed a margin of error and the manufacturers set them normally about 3-4% higher than road speed.
I could be wrong here, but from memory the current rules are road speed must equal indicated speed minus 3km/hr +/- 5%. It used to be road speed +/- 10% but they reckon speedos are more accurate now.
My Stage 1 read 20% out (said 120km/hr at 100 by the GPS). I swapped the speedo for a NOS one, and it now reads precisely correct. In older ones the magnets wear out and need to be re-magnetised. In electronic ones, there are adjustments (as mentioned) that you can add to correct.
I had an old motorbike that read 10km/hr low at all speeds. I guess it would have met the standards provided I was travelling fast enough![]()


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