its a wire cord with a metal ball on the end, its located above the foot pedals under the steering wheel. the red handle should have a hole throught it with a slot, just place the wire and ball through the hole and down the slot to keep it inplace.
If the level is slack, then the bonnet release cable has snapped.
You'll have to jack the car up, and access / pull the cable from underneath.
I jacked up the car, placed it on a stand on the passenger side, and reached up underneath.
I've videoed it - quick to do once you see it.
Why They Fell Out - 1909 was released on: USA: 6 February 1909
When Their Dads Fell Out - 1915 was released on: USA: 6 July 1915
He Fell on the Beach - 1917 was released on: USA: 14 July 1917
He Fell in a Cabaret - 1915 was released on: USA: 10 September 1915
He Fell in the Park - 1915 was released on: USA: 11 May 1915
She Fell Fainting Into His Arms - 1903 was released on: USA: October 1903
He Fell in Love with His Wife - 1909 was released on: USA: 26 October 1909
When the Cook Fell Ill - 1914 was released on: USA: 31 July 1914
When Aunt Matilda Fell - 1916 was released on: USA: 31 January 1916
When Damon Fell for Phyllis - 1917 was released on: USA: 11 January 1917
The Man Who Fell to Earth - 2009 SUSPENDED was released on: USA: 2009
The Year the Sky Fell - 1994 TV was released on: USA: March 1994