C0001 Railton Straight 8 is defined as Knock Sensor Circuit Range Performance (Bank 1 or Single Sensor). This refers to camshaft timing, which in this case is over-retarded. Any code that causes the vehicle's engine to die while running should be fixed as soon as possible, as it can be dangerous for both the vehicle and the passengers of the vehicle.
Possible Causes :
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Replace the oxygen sensor that is downstream from the catalytic converter on the side of the engine that does not contain cylinder #1. Also, if a oxygen sensor code stating "heater circuit malfunction" the sensor has most probably failed. If the scan tool has that capability, and the scan tool can operate the IMRC valves, then the problem is either resolved and a simple code clearing is all that's left or a new PCM would be called for. Find out what kind of system you have and verify that voltage to the fuel level sensor is present at the fuel pump wiring harness.
Diagnostic trouble code C0001 Railton Straight 8 is not difficult to diagnose and repair. Thus, it always pays to have a qualified technician to look after your vehicle should this error code arise.
Diagnosing this code requires the engine to be in good running shape, without unmetered air entering the engine. If other codes that relates to misfiring condition, lean running or air entering the engine is present, then you must first fix those error codes before C0001 Railton Straight 8.
Fortunately, C0001 Railton Straight 8 is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.