I have created a new car-following model in SUMO for practice. 
rou.xml has vtype attribute as follows
<vType id = "c" departLane = "best" maxSpeed = "16.67" carFollowModel="W" d = "30" i = "12"/>
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I aim to change the vtype parameters of maxSpeed, i, d using traci. 
The snippet of the code I am using is as follows
def run():
 
    steps = 0
    
    while steps < 1000:
        traci.simulationStep()
        steps+=1
     
#get the parameters 
    
 if(steps == 5):
           print(traci.vehicletype.getParameterWithKey("c", "d"))
           print(traci.vehicletype.getParameterWithKey("c", "i"))
           print(traci.vehicletype.getParameterWithKey("c", "maxSpeed"))  
       
      #set the parameters at step 1 
        if(steps == 10):
            traci.vehicletype.setParameter('c', 'depth', '0')
            traci.vehicletype.setParameter('c', 'intensity', '0')
            traci.vehicletype.setParameter("c", "maxSpeed", '4.00')
        
  
Print statements Output is as follows:
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Note: There is no change reflected in the sumo-GUI.