The contact owns a 2023 Ford Explorer. The contact stated while driving 27 MPH, a vehicle abruptly exited a parking lot without adhering to oncoming traffic. While attempting to avoid striking the vehicle, the contact activated the parking brake. The contact stated that after releasing the parking brake, the contact became aware that the parking brake handle became loosened and appeared to have disconnected from the socket. The contact later became aware that the parking brake had become inoperable. The vehicle was taken to a dealer, and it was confirmed that the parking brake was inoperable and needed to be repaired. The contact was informed that the repair was not covered under warranty and the contact was provided an estimate for the repair. The manufacturer was notified of the failure, and the contact was provided a case number. The contact was later referred to the NHTSA Hotline to file a complaint. The vehicle was not repaired. The failure mileage was approximately 20,000.