The special tells the story of the iconic and cool Pink Panther as he discovers the true meaning of the holiday season during a heated Christmas tree sale competition with his arch nemesis, Big Nose. Pink and Big Nose face off, tree for tree and trick for trick, to see who can make enough money to purchase the world's most extravagant sports car. The classic animated characters clash, each trying to claim the highly coveted car for himself, as mayhem and hilarity ensue. That is until Pink encounters a young boy who gets caught up in the frenzy, but only wants to buy a small tree for his family. Pink pushes greed aside, and ultimately discovers what it means to truly celebrate Christmas.