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The P0501 code in a 2008 Hyundai Accent indicates a problem with the vehicle speed sensor (VSS) or its circuit. To resolve this, first check the VSS wiring and connectors for any damage or loose connections. If everything appears fine, test or replace the VSS itself. After repairs, clear the code using an OBD-II scanner and take the vehicle for a test drive to ensure the issue is resolved.

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