The powertrain of the car engine is not very crucial thing for the car engine at primary basis and fixing the car engine is necessary to solve. The engine P0316 Code is found in many car engines and right meaning of the code is used for solving the problem. You can easily find the automobile dictionary meaning of the code and that is P for OBD-II Diagnostic Powertrain (P) Trouble Code For Engine. 0 for Intake Valve Control Solenoid Circuit Low. 3 for Engine Oil Temperature Sensor Malfunction. 1 for Cylinder 10 Contribution/balance Fault and 6 for Exhaust Gas Recirculation Sensor B Circuit High.