There is no use for waiting for the next generation city till 2016......i got my evolved version on 30 Oct, 2014 and the dealer told me that Atlas has imported a huge quantity of the Evolved City Spares from India and Thailand and there is no plan of launch of next generation city for another 2 years. He however said that Honda Atlas would only launch a facelift of Civic in 2015.
So go buy a City/XLI/GLI whatever kind of car u want...if u have money right now........n if u need time to gather money then better wait for 2016.......Honda has given u an excuse....lol
And by the way car prices of both Honda and Toyota are expected to increase in Jan, 2015.........(Rumour)