The 1955 Dodge lineup, consisting of the entry-level Coronet, Royal, and ornate Custom Royal, was a major departure for the company. Driven almost out of business in 1953 and 1954, the Chrysler Corporation was revived with a $250 million loan from Prudential and new models designed by Virgil Exner. The Dodge lineup was positioned as the mainstream line in Chrysler's hierarchy, between DeSoto and Plymouth.