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Vehicle speed is an important factor to driving safety, which is directly related to the stability and braking performance of the vehicle. Besides, the precise measurement of the vehicle speed is the basis of some vehicle active safety systems. Even in the future intelligent transportation, high quality speed information will also play an important role. The commonly used vehicle speed measurement techniques are based on the wheel speed sensors, which are not accurate, especially when the wheels’ slip rate is not equal to zero. Focusing on these issues, image matching technology has been used to measure the vehicle speed in this paper. The image information of the road in the front of the vehicle is collected, and the pixel displacement of the vehicle is calculated by the matching system, thus accurately vehicle speed can be obtained. Compared with conventional speed measure technology, it has the advantages of wide measuring range, and high accuracy.