Examples of interesting / non-trivial manifolds that are direct products What are interesting / non-trivial examples of smooth connected closed manifolds that are direct products or involve direct products? I am especially interested in orientable manifolds.
Say, an $n$-torus $T^n$ is a direct product of $n$ copies of a circumference $S^1$. One can build a 3-manifold from a surface of genus $g$ as $M=M^2_g\times S^1$, and use somehow the connected sums of such manifolds.
Typically an "important" manifold would have a name or standard notation. For example, the Kodaira-Thurston manifold (important if it has a proper name!) decomposes into a product of the Heisenberg nil manifold and $S^1$.
I am looking for other important / interesting / non-trivial manifolds that happen to be direct products, preferably having important / interesting applications.
 A: The Lie groups $U(n)$ are diffeomorphic to products $SU(n)\times S^1$ (but are not Lie isomorphic, unless $n=1$).
The Lie group SO(8) is diffeomorphic (but not Lie isomorphic) to $SO(7)\times S^7$.  (In fact, $S^7$ doesn't have a Lie group structure at all.)
The Lie group $SO(4)$ is diffeomorphic (but not Lie isomorphic) to $S^3\times \mathbb{R}P^3\cong S^3\times SO(3)$.
(To my knowledge, Lie groups with Lie algebra $\mathfrak{so}(8)$ are the only simple Lie group which are diffeomorphic to nontrivial products).
Relatedly, the unit tangent bundles to $S^1$, $S^3$, and $S^7$ are diffeomorphic to products $S^{k-1}\times S^k$, and no other unit tangent bundles of spheres are.  
A: A non degenerate  (=rank $4$) complex quadratic form $q(x,y,z,t)$ defines a smooth   quadric $Q=V(q)=\{q=0\}\subset \mathbb P^3(\mathbb C)$.
This quadric is  a complex manifold of dimension $2$ and thus a compact differential manifold of real dimension $4$.
An elementary but extremely beautiful theorem in algebraic geometry states that every such quadric $Q$ is algebraically isomorphic to $\mathbb P^1(\mathbb C)\times \mathbb P^1(\mathbb C)$ and so a fortiori diffeomorphic to the product $S^2\times S^2$ of two spheres.  
A completely explicit example is given by the quadratic form $q(x,y,z,t)=xt-yz$.
An isomorphism of algebraic varieties between $\mathbb P^1(\mathbb C)\times \mathbb P^1(\mathbb C)$ and the  quadric $Q$ given by the equation  $xt-yz=0$ is supplied by the so-called Segre map:
$$ \mathbb P^1(\mathbb C)\times \mathbb P^1(\mathbb C)\stackrel {\cong}{\to} Q:([t:u],[v:w]) \mapsto  [x:y:z:t]=[tv:tw:uv:uw]                                $$
A: Let $M$ and $N$ be homeomorphic, simply connected, smooth 4-manifolds. (They need not be diffeomorphic - that's why this is interesting.) Then there is some $k$ such that $M \; \sharp \; k(S^2 \times S^2) \cong N \; \sharp \; k(S^2 \times S^2);$ it's said that $M$ and $N$ are stably diffeomorphic. This theorem is due to Wall (it's the result of that paper + the work of Freedman: h-cobordant 4-manifolds are homeomorphic).
This tells us that if we want to find an invariant that can tell apart non-diffeomorphic smooth structures on a 4-manifold, it had better not play nicely with connected sum! 
