Stabilization of motion of a wheeled robot with constrained control resource by means of a continuous feedback linearizing the closed-loop system in a neighborhood of the target path is considered. We pose the problem of finding the feedback coefficients such that the phase portrait of the nonlinear closed-loop system is topologically equivalent to that of a linear system with a stable node, with the asymptotic rate of decrease of the deviation from the target path being as high as possible. On this family, we pose the problem of minimization of ``overshooting'' for arbitrary initial conditions. The solution of this optimization problem is proved to be a limit discontinuous control law. A hybrid control law is proposed that, on the one hand, ensures the desired properties of the phase portrait and minimal overshooting and, on the other hand, does not result in a chattering inherent in systems with discontinuous feedbacks.