Latka's visiting mother finds Alex's company more appealing than her son's.

Louie takes out a female vending-machine mechanic--and then brags about their sexual adventures.

The drivers try to make a cabbie out of a refugee from the '60s who hasn't quite put his life together.

Alex renews his acquaintance with a once-overweight woman who has lost weight and yearns for romance.

Bobby and Tony compete for the same woman.

Latka plans to return to his homeland to fight in a revolution.

Latka falls in love with a woman from his homeland.

Louie and Zena are running into trouble in their relationship, and Zena dumps him after confessing that she's been dating Dwight, a bartender at Mario's. A depressed Louie tells Alex about it over drinks at Mario's, and when they suspect that Dwight is working the bar, Alex goes up to talk to him. Dwight then tells him that he's breaking up with Zena for getting serious too quickly. Alex shares the news with Louie, who sees an opportunity to get Zena back on the rebound. Zena initially rejects him, but after Louie gives a heartfelt speech about what Zena means to him, she takes him back, despite her better intentions.

The cab company goes bust, and the gang is forced to get other jobs. They meet at Mario's a month later to discuss their new jobs. Tony is a collector for a bookie, but feels guilty about this line of work, especially when he needs to collect on a priest. Elaine is an executive assistant, but after she convinces her spineless boss to speak his opinions at a board meeting, they both get fired. Jim takes a job as a door to door salesman, but forgets that he is selling encyclopedias rather than rug shampooers and ruins a woman's carpet in the process. (Part one of a two part episode)

After Latka is rejected by a snobbish, but beautiful woman at Mario's, he decides to change his image by taking some time off and studying Playboy magazines and English language tapes. When Latka reemerges from his sabbatical, he has lost his accent and now is a lounge lizard who goes by the name, Vic Ferrarri. He soon easily picks up on the woman who had rebuffed him earlier. Although amused, the cabbies become concerned about the changes Latka has gone through, since he has now lost all of his nice qualities and is constantly hitting on Elaine. Alex tells Latka/Vic off, and later Latka appears at Alex's apartment, saying that he's sorry and doesn't want to be Vic anymore. Alex works with Latka and manages to get the old Latka back, although there is a twinge in Latka's eye that suggests Vic isn't gone forever..

Tony becomes the manager of a promising young heavyweight boxer at his gym, but after the boxer wins a major fight, the ""syndicate"" (which turns out to be some doctors looking for an investment, rather than the mob) makes Tony an offer he can't refuse and takes over the boxer's management.

Bobby, who has moved to Hollywood, comes back to the garage for a visit and announces that he's filmed a pilot for a new prime-time soap opera. During his visit, he learns that the pilot has been picked up as a series and Bobby throws a party at the Plaza Hotel to celebrate. He soon learns that although the series is a go, they no longer want Bobby to appear in it. Bobby is upset and entertains the idea of moving back to New York, until Alex convinces him to follow his dream in Hollywood.

Newlyweds Latka & Samka throw a Shloogel, one of their religion's traditions. The shloogel is, in effect, a party at Mario's where they set all the gang up on blind dates. Tony is set up with Vicki, an abrasive brunette and immediately starts arguing with her. Elaine is set up with mousy Arnie, who has low self esteem. Jim is set up with actress, Marcia Wallace, who played Carol on his favorite show, Bob Newhart. Louie is set up with Judy, a pretty blind woman. Alex is set up with Susan, who seems to be his dream woman and he seems to be falling for her immediately. Despite the fact that none of the other matches seem perfect, all of them show promise by the end of the evening.

Jim buys the cabbies' hangout, oblivious to the fact that no one else hangs out there.