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The P0501 speed sensor on a Hyundai Santa Fe is a vehicle speed sensor (VSS) that monitors the speed of the vehicle's wheels and sends this information to the engine control unit (ECU). It plays a crucial role in various systems, including the transmission and anti-lock braking system, by helping to optimize performance and safety. If the sensor malfunctions, it can trigger a check engine light and lead to issues such as erratic shifting or problems with traction control. Regular diagnostics are recommended if a P0501 code is detected.

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