The knob was set up in the lathe and centered.
1/ A groove was machined, positioned a couple of threads from the end. (about 5 mm diameter)
2/ A suitable "O" ring was rolled into the groove. Its outer surface needs to end up close to 5/16" in diameter.
3/ A wipe of silicon grease (or rubber grease) was applied and the knob screwed back into its threaded hole.
When refitted, the outward running of the thread is now only firmly resisted at the extreme of undoing, but still can be undone completely if required. Vibration causing undoing is completely defeated!
The above suggestion assumes that normally, when the your car's knob is undone enough to release the clamping of the frame hinge so it can be folded, there are still a few threads protuding at the back. i.e. enough protrusion to allow room to take the groove with the O ring.
1/ 2/ . . . . more grist to the mill . .
Cheers.
Leo.