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Looks like the rivet pivot. I doubt you will be able to get the ratchet to release and the handle to stay in position without getting the cable tension released first. As for replacing the rivet, that may be difficult without removing the handle assembly. I have not seen this happen in one of these before so I do not have any experience fixing this. Your best bet may be to get the parking brake cable released and taking it to a dealer. Good luck.
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