KPMG’s 2025 report explores succession planning in Canada’s auto retail sector amid digital disruption and industry consolidation. It urges family-owned dealerships to prioritize adaptability, resilience, and digital agility. Succession strategies should include financial planning, leadership readiness, and alignment with family values. The report emphasizes cultivating four traits—courage, curiosity, connectedness, and adaptability—for next-generation leaders. Open dialogue, risk-taking, and governance are essential to navigating market shifts, ensuring long-term business success, and preparing heirs for transformative leadership.

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