Pinky can't sleep so he moves out to the country where he meets Thelma, a little girl who makes his life miserable.; Pinky, while trying to win an auto race, must first deal with driving a car that has a mind of its own.
Pinky helps Granny, the owner of a ramshackle pizza parlor, to compete and eventually succeed against Big Eddie's, a hi-tech, glitzy pizza conglomerate.
Pink the barber mistakenly uses Professor Von Schmarty's new hair growth formula on the Professor, and turns him into a giant hairball who wigs out and runs rampant through the streets of the city during an Elvis look-alike competition.
The Pink Panther runs a successful hot dog business until the competition kidnaps the founding "granny." Pinky has the Witch serve as a temporary substitute.