I use it for lubricating the door hinges on my Pathfinder and my wife's truck. Plus just about any oiling task I have. Not sewing machines, although it would work for that. Especially the synthetic ATF. It's a bit heavy though and I don't recommend it.
ATF has a tremendous amount of detergents in it to keep the transmission from getting dirty so it works good in cases like the OPs machine.
Joe