A tool like that should work for a late 164 rear since it's the same as a 240/260 TAB.
I've used a similar home made tool (I didn't make it) on a 144 for the kidney shaped TAB's. Using a threaded rod with a cup-shaped pipe caps with a hole drilled through and some nuts and washers work. The bushing will squirm around, and should do that as you muscle the bushing in. Don't try and make them go in straight, but angle and slide them in. Just lube-up the new bushing with silicone grease before going in, then wash with IPA afterwards to get rid of the grease.
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