The knock sensor diagnostic probably means the engine is sometimes running too lean. That can be due to a failing fuel pump, a plugged up fuel filter, or even an engine intake air filter.
It would not be unusual for OD to be disabled with a CEL and the Trac is a default condition when there is a CEL. Fix the CEL problem and Trac will be okay.
wwest,
Therefore there is no known cause for the CEL (check engine light) and Trac Off. Both come on when the check engine light comes on. I have noticed the check engine light and trac off come on going straight down the freeway. Then it may or may not be illuminated when I re-start the car. The check engine andt trac off seem to turn on for no apparent reason. Can Lexus service diagognose and read the code to determine the CEL problem? Other code readers could not read any codes related to a check engine light.
The OD will work with this check engine light and trac off illuminated until the wheels slip, then the transmission will not go into OD. The car needs to be turned off to re-set the computer to go back into OD at highway speeds.
thanks,
bob