I posted a thread earlier on this topic, don't know why I can't add a reply to it. anyhow here is link to it for reference
An update to it is that there is some fault with the Digital speedometer of the car, may be the sensors for it have not been installed properly or whatever but it gives false readings. A friend saw one standing at a red light with its speedo displaying 1 and right before launcing on green light it turned to 0. so thats another one.
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