Night has fallen, and the Pink Panther is looking for a place to sleep. A flop house denies him access, but he fortunately finds a key on the ground that gives him entry to a man's home. The man, a drunk, arrives home after one of his binges and, casting eyes on the pink feline in his bed, thinks he's having an alcoholic hallucination so he calls Alcoholics Anonymous to send someone to help him quit drinking.

In South Africa, a talking Pink Panther is the owner of a diamond mine and has unearthed a large gem. He puts it in his safe, which has a combination lock that functions like a telephone dial, and a man tunnels into the safe and filches the jewel. The Pink Panther suspects gophers of perpetrating the theft, but a dastardly pair of rival miners, operating the neighboring DeBoors mine, have taken the diamond and claim it and the diamond-yielding territory as their own. The pair of men ineptly try to eliminate the panther, and the debonaire Pink Panther defeats them, obtaining an even larger diamond and removing it from the DeBoors camp.

The Pink Panther hides himself inside Gamble's Department Store after closing time. Once the janitor arrives he decides to have a little fun.

An eccentric man has built an ark and has filled it with specimens of all animals except one - a pink panther. To complete his zoological collection, the man sets out, rifle in hand, to hunt the Pink Panther, who leads the man on a futile chase through a jungle.

An aardvark tries to catch one ant without success.

Yosemite Sam marries a wealthy widow for her money.

When Bugs Bunny takes the Road Runner's place in this Wile E. Coyote cartoon, the roles and rules become confused.

The Tasmanian Devil finds Bugs cooking dinner underneath a beach boardwalk.

In this surreal cartoon that plays with the idea of sound effects, a near-deaf old man finds one of the devil's lost horns and tries to use it as an ear trumpet.

Bugs and the Tasmanian Devil battle it out in a jungle hospital, with Bugs convincing Taz that he's sicker than he thinks.

Sylvester Cat tumbles and falls dazed to the floor when making a grab for Tweety Bird. He comes to and thinks he has killed and swallowed the little canary and that he's wanted for murder.

Marvin the Martian is monitoring through his telescope a rocket launch on Earth. The rocket heads straight for him and lands on Mars. The only occupant is Bugs Bunny, lured into Cape Canaveral by a carrot and sent to Mars as an expendable "astro-rabbit". Bugs is to claim Mars in the name of the Earth, but Marvin won't allow an Earth creature to contaminate his atmosphere. He trains a time-projector gun on Bugs and reverts the bunny to a Neanderthal Rabbit, who crushes Marvin with one hand.

It's holiday time, and while New York City bustles with yuletide celebrations, the Pink Panther suffers one misadventure after another... all in hopes of finding a warm heart and a warm meal! Finally, the Panther learns the true meaning of Christmas... and friendship.

Daffy Duck and Speedy Gonzales find a treasure map that leads them to a wishing well, which for a penny will grant any wish (through old cartoon footage). Daffy sets up a resort around the well and various Looney Tunes characters have their dreams come true. Meanwhile, Yosemite Sam and the Tasmanian Devil hunt for the varmints who stole their treasure map!

The Bugs Bunny/Road Runner Movie is basically a collection of Warner Bros. short cartoon features, "starring" the likes of Daffy Duck, Porky Pig and Wile.E.Coyote. These animations are interspersed by Bugs Bunny reminiscing on past events and providing links between the individual animations which are otherwise unconnected. The Road Runner feature at the end consists of sketches from various RR separates (well it does in the 78-minute version anyway).