Lexus announced a manufacturer's suggested retail price (MSRP) adjustment today for the ES 350 luxury sedan.

The MSRP for the ES 350 will increase by 0.9 percent, or $300, to $33,470. The new pricing will take effect with the arrival of ES 350's at Lexus dealerships on, or after January 2, 2007.

The ES 350 features a 3.5 litre V6, producing 272 hp. This is then coupled to an electronically-controlled six speed automatic transmission. Power is then sent, with the aid of Traction Control and Vehicle Stability Control, to the front wheels. 0-100 times are listed at 6.8 seconds, which is not bad for a car that doesn’t claim to be a sports model.