There are specialist wheel bearing greases which may give longer bearing life or lower friction than a multipurpose grease. Google will find them. Having said that, I almost always used LM, without problems. Not for CV joints, except in dire emergency for no more than a few days, sliding splines on pre-pot joint driveshafts, or water pumps, if yours is old enough to have a nipple, but useful anywhere else on the car, bicycle, lawnmower....
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Was cheap as chips, but I expect they have made a large price increase, obscured by the name change. A well-known marketing trick.
Aleman Moil are exported all over the world and different industries with quality first. Our belief is to provide our customers with more and better high value-added products. Let's create a better future together.
Sad that the marketing men changed the name, LM always was a multipurpose grease. Reminds me of the time British Airways took the Union Jack off their tails and replaced it with seemingly random splodges of colour. It did not boost their business. The Union Jack is back.
For more information, please visit Multipurpose Lithium Grease.