A parking mechanism for use in a vehicle and method of operation thereof. The parking mechanism includes one or more actuation mechanisms, a parking pawl and a parking gear. At least a portion of the one or more actuation mechanisms are drivingly connected to at least a portion of a cam. The parking pawl has one or more parking pawl teeth extending therefrom that are selectively engagable with at least a portion of one or more parking gear teeth extending from an outer surface of a body portion of the parking gear. The parking pawl also includes a parking pawl pin aperture having a size and shape needed to receive and/or retain at least a portion of a parking pawl pin therein.