The suspension system connects the wheels to the vehicle's frame or body using mechanical linkages, springs, and dampers. It controls vehicle handling, braking, and keeps passengers comfortable by absorbing bumps and vibrations. The key components are springs to absorb shocks, dampers to limit spring oscillation and improve comfort, stabilizer bars to prevent swaying, and linkages to connect other components and control wheel movement. A knuckle connects each wheel to the suspension and provides steering movement, while shock absorbers are placed between linkages and the frame to absorb road shocks before transmitting to the vehicle frame.