an association formed by Tyre manufacturers to safeguard and promote their interests is known as

The association formed by Tyre manufacturers to safeguard and promote their interests is known as a trade association. A trade association is a group of businesses in a particular industry that join together to protect their common interests and promote their industry. They often offer services to their members such as lobbying for favorable laws and regulations, providing industry-specific training and education, and promoting the industry to the public. In this case, the Tyre manufacturers have come together to form a trade association to protect their interests and promote their industry.