Valor de división, ordenación y combinación de SQL Server 2008

;WITH cte(car_Id, traceXML) AS
 (
  SELECT car_Id, CAST('<A>' + REPLACE(trace, ';', '</A><A>') + '</A>' AS XML)
  FROM dbo.cars
  ), cte2 AS
 (
  SELECT car_Id, trace, NTILE(4) OVER(ORDER BY (SELECT 1)) AS grId  
  FROM cte
  CROSS APPLY (SELECT Tbl.Col.value('.', 'nvarchar(250)') AS trace 
               FROM traceXML.nodes('/A') Tbl(Col)) AS List
  ), cte3 AS
 (
  SELECT DISTINCT a.car_Id,(
  SELECT ISNULL(b.trace, '') + ';' 
  FROM cte2 b 
  WHERE b.grId = a.grId
  FOR XML PATH('')) AS trace
  FROM cte2 a
  )
  SELECT DISTINCT a.car_Id,(
  SELECT ISNULL(b.trace, '')
  FROM cte3 b
  WHERE b.car_Id = a.car_Id
  FOR XML PATH('')) AS trace
  FROM cte3 a

Demostración en SQLFiddle