yes. yellow w/strip glue.
+1 Use the yellow/brownish clear stuff wiped with a 1/2-3/4" wide chip brush. Often the area covered by the glue is larger (towards the viewer) that the thin strip of rubber and it allows for quick viewing for judges if entered in a show.
65 example - just a little glue showing
66 example - worker here missed the pinch weld of the wheel well by a couple of inches on the first try
Must not have been looking
.....If it was to protect the luggage from sharp edges, wouldn't you want the spare tire also protected??
The spare tire works as a luggage protector from the other side and it doesn't move around once in place correctly - so no damage would be expected to the tire