QuestionWhen replaceing and installing the Guide Rod,do you need a special tool or a press machine to remove and reinstall the guide from the mount Pod?
AnswerYes.
A five ton press, fixturing and/or cups to make it stable + apply pressure.
If the inside of your bearing bracket is seriously corroded, the assembly must be replaced.
Here is a DIY link.
Suspension Guide Rod Replacement
on the 1985 300SD
http://www.mercedesshop.com/Wikka/W126GuideRod