The purpose of this paper is to investigate the existence of Ricci solitons and the nature of curvature inheritance as well as collineations on the Robinson–Trautman (briefly, RT) spacetime. It is shown that under certain conditions RT spacetime admits almost-Ricci soliton, almost-[Formula: see text]-Ricci soliton, almost-gradient [Formula: see text]-Ricci soliton. As a generalization of curvature inheritance [K. L. Duggal, Curvature inheritance symmetry in Riemannian spaces with applications to fluid space times, J. Math. Phys. 33(9) (1992) 2989–2997] and curvature collineation [G. H. Katzin, J. Livine and W. R. Davis, Curvature collineations: A fundamental symmetry property of the space-times of general relativity defined by the vanishing Lie derivative of the Riemann curvature tensor, J. Math. Phys. 10(4) (1969) 617–629], in this paper, we introduce the notion of generalized curvature inheritance and examine if RT spacetime admits such a notion. It is shown that RT spacetime also realizes the generalized curvature (resp., Ricci, Weyl conformal, concircular, conharmonic, Weyl projective) inheritance. Finally, several conditions are obtained, under which RT spacetime possesses curvature (resp., Ricci, conharmonic, Weyl projective) inheritance as well as curvature (resp., Ricci, Weyl conformal, concircular, conharmonic, Weyl projective) collineation, and we have also introduced the concept of generalized Lie inheritance and showed that RT spacetime realizes such a notion.