ABS Console Light

[Ratchet104]

Well If it senses that one wheel slows down (dropped signal) and the other does not, it may engage the ABS to avoid a skid condition.

I was unsure if that's how it worked so I just looked up ABS for a 2006 aveo and here's the description of how it works in the service manual:

The purpose of the MGH-25 antilock brake system (ABS) is to minimize wheel slip during heavy braking. MGH-25 performs this function by monitoring the speed of each wheel and controlling the brake fluid pressure to each wheel independently during a braking event. This allows the driver to retain directional stability and better steering capability.