It's not cable driven, The speed sensor is a small switch which sends electrical pulses and the switch doesn't care if you are going forward or backward, it sends the same pulses. The speedometer always interprets the pulses as forward motion for obvious reasons. Also, this way you can't turn back the odometer.
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John & Terry 
"His" - 2002 Inferno Red Touring Edition
"Hers" - 2003 Electric Blue Limited Edition
Del Val PT Cruisers
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