The powertrain problem of the engine is a common problem and this problem can be fixed properly. The engine P0497 Code provides some information of the car engine problem and it tells of the location of the car engine problem. The automobile dictionary meaning of the code is P for Powertrain Code Problem is related engine, transmission and emissions systems. 0 for SAE – Generic. 4 for Transmission. 9 for Crankshaft Position Sensor Circuit Performance and 7 for Cruise Inhibit Control Circuit. You will get more information of the car engine. Do not drive the car if the car engine is not fixed.