Is NOT possible
I asked jvitale (who has the service manual) to see if it can be done. Here's what he said:
jvitale wrote on 04-11-2002 06:48 PM:
According to the service manual, there is a sensor in the transmission that measures the vehicle speed and sends a signal to a computer chip in the speedometer. This chip sends another signal to a small electric motor that moves the speedometer needle. So there are no speedometer drive gears or speedo cables to play with. The manual does not say anything about being able to make adjustments. Looks to me like there is no way to alter the speedometer or odometer readings
It sounds like the computer system uses the current gear number (which corresponds to a hardcoded gear ratio), the engine RPM and a hardcoded wheel diameter to figure out what the current speed is.
The funny thing is that such a system should be very accurate, assuming the car is equipped with stock tires. Yet some people have reported that the speedometer can be quite inaccurate.
A.