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Hello, you'll have wheel speed sensors - one on each wheel. The transmission utilizes 2 speed sensors. Something here is malfunctioning causing the ABS light and no cruise control function - probably. Testing hands on is needed with a diagnostic tool capable of monitoring chassis components like ABS sensors. The parking brake is something different, which will require hands on testing as well to find out why it is not working. www.repairpal.com/repair-shops