Yes. There is a little plastic gear that usually breaks apart or gets stripped. You will need to remove the speedo, and send it to be rebuilt. (about $125)
(yeah, you're thinking how can a teensy little plastic gear cost so much. No idea, actually. The only comfort you can take, is that all of the gears will be replaced and the whole thing nicely lubed.)

Hope this helps..

-Larry

__________________
It is a truism that almost any sect, cult, or religion will legislate its creed into law if it acquires the political power to do so. Robert A. Heinlein


09 Jetta TDI
1985 300D