The only thing I was able to find here is this thread:
https://ogrforum.com/...28#77734316200912128
Near the end of the thread the redesigned motor (like yours) is discussed but the last entry is a guy commenting about a worn out bushing and no way to fix it.
The Lionel service manual describes the change, using a 1055-110 or a 219-113 "conversion motor frame and field which has "a sleeve bearing mounted in the top plate of the truck". The parts diagram does not show a replacement bushing so Lionel's intent was that the motor frame and field would be replaced.
Yes, your only repair recourse is a custom made bushing.